CapitaLand Investment to cut 90 Singapore jobs in 2026

straitstimes.com

CapitaLand Investment is cutting 90 jobs in Singapore in 2026, representing about 4 per cent of its local workforce, as part of a restructuring exercise confirmed on Sept 3. The firm and the Singapore Industrial and Services Employees’ Union said the move follows periodic reviews to align with strategic priorities, with the union engaged in advance to ensure fair treatment and severance per the Collective Agreement. Redeployment opportunities within the group will be considered. CLI employs about 2,200 people in Singapore, with locals comprising roughly 77 per cent of staff in 2025. The company, operating in over 40 countries, reported a 13.9 per cent net profit rise to $327 million for the first half of 2026.


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CapitaLand Investment to cut 90 Singapore jobs in 2026 | News Minimalist