CapitaLand Investment retrenches 90 Singapore staff in 2026 as part of restructuring

CapitaLand Investment, a real estate management firm based in Singapore, announced in 2026 that it will be retrenching 90 of its staff, which accounts for approximately 4% of its workforce in the city state. The company, which employs a total of 2,200 people in Singapore, informed the Singapore Industrial and Services Employees’ Union and The Straits Times of the restructuring exercise.

The firm stated that it periodically reviews its organizational structure to remain aligned with its strategic priorities and long-term business needs. CLI and the union assured that workers have been engaged throughout the process and that affected employees will be treated fairly, with severance packages in accordance with the Collective Agreement.

The majority of CLI's Singapore-based employees work in the office located in Capital Tower. In 2025, local employees constituted around 77% of the company's workforce in Singapore, with more than 48% of these local employees holding managerial and senior management positions. Despite the retrenchments, CLI has maintained a turnover rate of 24% with no major layoffs in its global workforce of over 9,500 employees.

The company, which is headquartered and listed in Singapore, has a strong presence in Asia and operates in more than 40 countries, including China and India. CLI has indicated that it is considering divesting a stake in its hospitality business, The Ascott Limited, to accelerate its growth.