Singapore retrenched PMETs face prolonged job search: 1 in 5 still jobless after 2 years; 4 in 10 take 25% pay cuts when they return for work

Summary by The Singapore Editorial Desk · Byline on the source page: Nick Karean, as published by The Independent Singapore · October 10, 2026 · 1 min read

Photo: The Independent Singapore · view original

Summary One in five retrenched resident professionals, managers, executives and technicians (PMET) stayed unemployed two years after losing their jobs. Four in 10 PMETs who returned to work earned less than before, with a median wage reduction of 25%. Singapore recorded 4,620 retrenchments in the...

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This article was first published on October 10, 2026 by The Independent Singapore and curated for The Singapore readers.

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Summary created by	The Singapore Editorial Desk — automated, rule-governed
Byline on source page	Nick Karean, as published by The Independent Singapore
Original story	Read at the source
Source published	Oct 10, 2026
Indexed here	Oct 10, 2026
AI assistance	Automated summary drawn from the source’s own published text
Prepublication human review	No — editorial rules, flagged-item review, and published samples

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