Bloomberg11:56 AM

Singapore’s CapitaLand Sheds 10% of China Staff Amid Downturn

Singapore’s CapitaLand Sheds 10% of China Staff Amid Downturn

CapitaLand Investment Ltd. said its workforce in China plunged by about 10%, or 365 people, last year as the asset manager continues to grapple with a major real estate crisis in Asia’s largest economy.

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