CapitaLand Investment retrenches about 90 employees in S'pore

CapitaLand Investment has reduced its workforce in Singapore by about 90 employees this year, as part of a restructuring exercise, according to a company spokesperson. The decision, announced on September 3, is intended to support the company's business and operating requirements following a periodic review of its organizational structure.

Both CapitaLand Investment and the Singapore Industrial and Services Employees’ Union (SISEU) emphasized that affected employees will receive fair severance arrangements, career transition services, and counselling support. The company reiterated its commitment to treating employees with care and respect, and also mentioned that redeployment opportunities within the group will be considered where appropriate.

The retrenchments account for approximately 4% of CapitaLand Investment's Singapore-based workforce. SISEU, an affiliate of the National Trades Union Congress (NTUC), informed the company of the restructuring exercise in advance and has been actively engaged throughout the process. The union has represented workers' interests, ensured fair treatment of affected employees, and ensured that the severance package aligns with the collective agreement.

SISEU stated that they will provide further assistance and resources to affected members and employees where needed, acknowledging that workforce transitions can be challenging.

CapitaLand Investment, a global real asset manager headquartered and listed in Singapore since 2021, operates in over 40 countries. As of 2025, the company employed a total of 9,542 staff worldwide, with 24% (approximately 2,290) based in Singapore.