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

CapitaLand Investment, a real estate firm based in Singapore, announced in September 2026 that it has laid off 90 employees, accounting for approximately 4 percent of its workforce in the city state. The company, which employs about 2,200 people in Singapore, stated that it periodically reviews its organizational structure to align with its strategic priorities and long-term business needs.

The Singapore Industrial and Services Employees’ Union, representing the affected workers, informed the firm in advance of the restructuring exercise and emphasized its commitment to fairly treating the retrenched employees, including the possibility of redeployment opportunities within the group. As of May 2026, local employees constituted around 77 percent of the Singapore-based workforce at CapitaLand Investment, with more than 48 percent of these local workers holding managerial and senior management positions.

The company, listed in Singapore since 2021 and operating in over 40 countries, has maintained a turnover rate of 24 percent without major layoffs. The firm is currently considering divesting a stake in its hospitality business, The Ascott Limited, to fuel its growth.