Reported about 1 year ago
Chairman Xie Jinhe of Caixin Media stated that a 30-year-old female employee at China's largest investment bank and securities firm, Zhongjin, allegedly committed suicide by jumping off a building after her salary was cut. Xie pointed out the financial pressure caused by salary reductions and real estate market downturns, leading to tragic incidents. This reflects the internal crisis affecting the financial industry in China, with high earners being forced to repay large sums previously received, causing distress and drastic actions among employees.
Source: YAHOO