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"Reuters" Standard Chartered to suspend recruitment and cut bonus this year

2020-03-31T05:48:37.684Z


According to Reuters, Standard Chartered Group (2888) sent an email notification to employees that all external or internal recruitment activities will be suspended in the next two months, and hinted that it may reduce this year's bonus. Report states Standard Chartered will rebook


Financial news

Written by: Zhang Weilun

2020-03-31 13:40

Last updated: 2020-03-31 13:40

According to Reuters, Standard Chartered Group (2888) sent an email notification to employees that all external or internal recruitment activities will be suspended in the next two months, and hinted that it may reduce this year's bonus.

The report pointed out that Standard Chartered will re-prioritize necessary expenses, such as limiting employees' travel and saving expenses, to add information products to enable employees to work from home.

Standard Chartered pointed out that in light of the circumstances facing this year, this year's floating bonus will be significantly adjusted. Last year the bank's total bonus was 1.3 billion pounds, compared with 1.2 billion pounds the previous year.

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Standard Chartered

Source: hk1

All news articles on 2020-03-31

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