Tiger Beer brewer APBS is reportedly cutting jobs in Singapore

It is unclear how many employees are affected and which roles are involved

Tiger Beer brewer Asia Pacific Breweries Singapore (APBS) is cutting jobs in Singapore, The Business Times reported today (Mar 25).

It is unclear how many employees are affected and which roles are involved, according to sources familiar with the matter who spoke to the publication.

The company currently operates a brewery in Tuas, along Jalan Ahmad Ibrahim.

Under Singapore’s Employment Act, firms with at least 10 employees must inform the Ministry of Manpower within five working days after notifying affected staff of retrenchments. APBS employees are represented by the Food, Drinks and Allied Workers Union, which is affiliated with the National Trades Union Congress.

The retrenchments aren’t coming out of nowhere. APBS last restructured in late 2023, cutting 33 jobs and giving affected staff severance, bonuses, and annual wage supplements.

Globally, parent company Heineken also flagged more cuts earlier this year, saying 5,000 to 6,000 jobs could go over the next two years as market conditions tighten. Singapore serves as its Asia-Pacific headquarters.

The move follows a 2.8% drop in consolidated beer volumes in 2025, with Europe and the Americas seeing declines of 4% and 3.6%, respectively. The two markets account for 68.2% of total beer volumes.

Industry experts note that declining alcohol consumption among younger consumers is reshaping the market. Many young adults are drinking later, in smaller quantities, or not at all, opting for experiences over intoxication.

That said, Asia-Pacific beer volumes still rose slightly by 0.4% to 4.6 billion litres.

APBS, formerly known as Malayan Breweries, launched Tiger Beer in 1932 through a partnership between Heineken and Fraser and Neave (F&N). The company rebranded as APBS in 1990, and Heineken acquired F&N’s stake for S$5.6 billion in 2012.

Vulcan Post has reached out to APBS for further information.

• Read more stories we’ve written on the latest job trends here.

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Featured Image Credit: MR. AEKALAK CHIAMCHAROEN via Shutterstock.com/ Asia Pacific Breweries Singapore