Alibaba freezes executive pay rise amid China's big tech crackdown: Report

Chinese e-commerce giant Alibaba Group Holding has frozen pay raises for senior executives in 2021, and is instead giving junior staff bigger pay rises, sources said, in an effort to retain its main workforce amid a regulatory clampdown.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3eLKMv1
>

Comments

Popular posts from this blog

“It felt right to make my comeback with my dad’s song, ‘Woh Beete Din’”, says Tanya Kumar who will soon be making a comeback to music

Patym parent co president and COO quits