CapitaLand Investment Retrenches 90 Employees in Singapore Restructuring Exercise
Global real estate investment management giant CapitaLand Investment (CLI) has laid off approximately 90 employees from its Singapore office. The affected staff represent about 4 per cent of its roughly 2,200-strong Singapore workforce.
The retrenchments are part of organizational adjustments aimed at supporting evolving operational and business requirements following a periodic review of CLI’s corporate structure.
Takeaways from the Restructuring
- Affected Staff Size: Approximately 90 local employees.
- Union Engagement: CLI collaborated with the Singapore Industrial and Services Employees’ Union (SISEU) to establish fair severance terms aligned with collective agreements.
- Employee Support Package: Impacted workers are being offered fair severance arrangements, outplacement career transition support, and counseling services.
- Internal Redeployment: CLI and SISEU confirmed that efforts are being made to reassign suitable candidates to other positions within the broader CapitaLand group where applicable.
- Recent Business Performance: The restructuring comes despite CLI recording a 13.9% increase in H1 2026 net profit to S$327 million.
Corporate Profile and Restructuring Breakdown
| Metric / Aspect | Details |
| Company Name | CapitaLand Investment (CLI) |
| Singapore Workforce | ~2,200 employees (Headquartered at Capital Tower) |
| Global Workforce | >9,500 employees across 40+ countries |
| Retrenchment Volume | ~90 positions (~4% of Singapore headcount) |
| Union Representation | Singapore Industrial and Services Employees’ Union (SISEU) / NTUC affiliate |
| Financial Health (H1 2026) | S$327M Net Profit (+13.9% YoY) |
Union Response & Employee Severance Commitments
In a joint statement issued by CLI and SISEU, the union confirmed it had been consulted prior to the retrenchment process to ensure transparency and proper representation of the affected staff.
“Supporting employees is a key priority. Where appropriate, the company will also consider redeployment opportunities within the group.” — CapitaLand Investment & SISEU Joint Statement
The company has maintained that periodic structural evaluations remain necessary to maintain operational efficiency and pivot resources toward high-growth global platforms.
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