CapitaLand Investment has retrenched around 90 employees in Singapore this year as the real estate investment manager carries out changes to its organisational structure.
The company confirmed the workforce reduction on Sep. 3, saying the move followed a periodic review of its organisational structure and was intended to ensure its operations continue to meet changing business requirements.
The affected employees make up approximately 4 per cent of CapitaLand Investment’s Singapore-based workforce.
Employees to receive severance and career support
In a joint statement with the Singapore Industrial and Services Employees’ Union (SISEU), CapitaLand Investment said supporting affected employees remains a priority during the transition.
Those who have been retrenched will receive severance arrangements, career transition assistance and counselling support, according to the company.
CapitaLand Investment also said it remains committed to treating affected employees with care and respect throughout the restructuring process.
Where suitable positions are available, redeployment opportunities within the wider group will also be considered.
The company described the changes as part of efforts to support its business and operating requirements, rather than providing details about specific departments or roles affected by the exercise.
Union involved in restructuring exercise
SISEU, which is affiliated with the National Trades Union Congress (NTUC), said it was informed ahead of the restructuring and had been involved in discussions with the company during the process.
The union said it worked to represent employees’ interests and ensure affected workers were treated fairly.
It also checked that the severance arrangements were in line with the applicable collective agreement.
SISEU acknowledged that workforce changes can be difficult for employees affected by retrenchment and said it would continue providing assistance and resources to affected members and workers where required.
The latest job cuts come as companies across various sectors continue to review their workforce and operating structures in response to changing business conditions.
For affected workers, career transition services and potential redeployment may provide some assistance as they look for their next employment opportunities.
CapitaLand Investment has thousands of employees worldwide
CapitaLand Investment is a global real asset investment manager headquartered and listed in Singapore since 2021.
The company has operations spanning more than 40 countries, with its business covering areas including real estate investment management and related asset management activities.
Its 2025 Global Sustainability Report stated that the company had 9,542 employees worldwide last year.
Around 24 per cent of its global workforce, or approximately 2,290 employees, were based in Singapore.
The roughly 90 retrenchments announced this year therefore represent a relatively small portion of its overall Singapore workforce, although the impact will be significant for the affected employees and their families.
CapitaLand Investment has not disclosed further details on the specific positions affected by the latest restructuring.