Comments by "Louis Giokas" (@louisgiokas2206) on "Shanghai Banks Cut Salaries by Over 50%, 1,200 Bank Branches Closed in China Since 2023" video.

Amazing! In the workers' paradise the workers are treated so badly. Many of the measures mentioned could not be implemented in the US, and I expect Europe as well.
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@yeseniah7373 Well, it is often infuriating to see how some executives in the west are rewarded for poor performance of the company. Of course, in many cases their bonuses are not related to financial performance. Often, the bonuses are in stock. In addition, there is the contractual aspect. In China, it seems that contracts mean nothing. But you are equating this with what happens to regular employees, not executives. As I started my comment, this is happing in the "workers' paradise" and in China it seems that the regular employees are most affected.
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