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๐Ÿ‡ธ๐Ÿ‡ฌ Singapore /Economy & Trade

CapitaLand Investment lays off about 90 Singapore employees in restructuring

From CNA · () English

Translated from English and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Ongoing story
  • CapitaLand Investment has laid off about 90 employees in Singapore this year during a restructuring exercise, the company said.
  • The company said affected workers will receive severance arrangements, career transition services and counselling, with redeployment considered where appropriate.
  • The layoffs represent about 4% of the companyโ€™s Singapore-based workforce, which numbered about 2,290 staff in 2025.

CapitaLand Investment has laid off approximately 90 employees in Singapore this year as part of a restructuring exercise, according to a company spokesperson.

The company said the job cuts followed a periodic review of its organisational structure and would support its business and operating requirements. CapitaLand Investment issued the statement jointly with the Singapore Industrial and Services Employeesโ€™ Union, or SISEU.

โ€œSupporting employees is a key priority,โ€ the company said. Affected workers will receive fair severance arrangements, career transition services and counselling support. The company will also consider redeployment within the group where appropriate.

Supporting employees is a key priority.

· CapitaLand InvestmentThe company described the support package for workers affected by the restructuring.

SISEU, an affiliate of the National Trades Union Congress, said it had received advance notice of the restructuring and had engaged the company throughout the process. The union represented workersโ€™ interests, checked that employees received fair treatment and reviewed whether severance packages complied with the collective agreement. It said it would provide additional assistance and resources to affected members and employees when needed.

CapitaLand Investment is a Singapore-headquartered global real asset manager listed in the country, with operations in more than 40 countries. Its 2025 Global Sustainability Report said the company employed 9,542 people worldwide, including about 2,290 in Singapore. The retrenchments amount to about 4% of its Singapore workforce.

SISEU understands that workforce transitions can be challenging for affected employees.

· Singapore Industrial and Services Employeesโ€™ UnionThe union acknowledged the impact of the layoffs and outlined its planned assistance.
About this summary

Originally published by CNA in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.