CapitaLand Investment Cuts 90 Singapore Jobs in 2026, About 4% of Its Local Workforce
Real estate manager CapitaLand Investment has cut 90 jobs in Singapore in 2026, about 4 per cent of its local workforce, without disclosing which functions were affected. The firm said it periodically reviews its organisational structure to ensure it remains aligned with its strategic priorities and long-term business needs.
Jobs Cut
Of Singapore Workforce
Singapore Employees
Roles Still Advertised
What the Company Said
The firm “periodically reviews its organisational structure” to ensure it remains aligned with its strategic priorities and long-term business needs, said CapitaLand Investment and the Singapore Industrial and Services Employees’ Union in a joint statement on Thursday 3 September.
CapitaLand Investment has about 2,200 employees in Singapore, most of them based at its office in Capital Tower. The company is unionised.
The union said it was informed in advance of the restructuring exercise and has been engaging the firm throughout the process. This includes representing workers’ interests, ensuring affected employees are treated fairly and that the severance package is in accordance with the Collective Agreement.
“Supporting employees is a key priority. Where appropriate, the company will also consider redeployment opportunities within the group,” said the firm and the union. Job openings on its website as at Thursday showed over 60 Singapore-based roles and internships in areas such as operations, property management and marketing.
Context From the Sustainability Report
In 2025, local employees accounted for approximately 77 per cent of the Singapore workforce, according to figures released in the firm’s 17th global sustainability report in May 2026. Of these locals, more than 48 per cent held managerial and senior management positions.
Based on a global workforce of more than 9,500 employees, the report stated that CapitaLand Investment has maintained a turnover rate of 24 per cent “with no major layoffs”.
The firm, which is headquartered and was listed in Singapore in 2021, has a strong presence in Asia and operates in over 40 countries including China and India. The Straits Times has also contacted the Ministry of Manpower for comment.
Against a Backdrop of Restructuring
Chief executive Lee Chee Koon said at the real estate manager’s results briefing on 13 August that the firm is considering divesting a stake in its hospitality business, The Ascott Ltd, to accelerate its growth.
The company recorded a 13.9 per cent increase in net profit to S$327 million for the first half of the financial year ended 30 June, up from S$287 million a year ago. The job cuts therefore come alongside improving earnings rather than in response to losses.
Frequently Asked Questions
How many jobs were cut and which roles?
Ninety jobs in Singapore in 2026, about 4 per cent of the local workforce. The firm did not disclose which functions were affected. CapitaLand Investment has about 2,200 employees in Singapore, most based at Capital Tower.
Was the union involved?
Yes. The Singapore Industrial and Services Employees’ Union said it was informed in advance of the restructuring and has been engaging the firm throughout, including representing workers’ interests and ensuring the severance package accords with the Collective Agreement. The company said it will consider redeployment opportunities within the group where appropriate.
Is the company under financial pressure?
Not on the reported numbers. CapitaLand Investment recorded a 13.9 per cent increase in net profit to S$327 million for the first half of the financial year ended 30 June, up from S$287 million a year earlier. Chief executive Lee Chee Koon said in August that the firm is considering divesting a stake in its hospitality business, The Ascott Ltd.
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