Foreign companies to reduce ‘certain standard expenses’ and adopt Wage Peak System

Multinational pharmaceutical companies on a streak have started to tighten their business.

According to the industry concerned on the 23^rd, an U.S. company and a European company reduced so-called ‘expenses to keep up certain standard of appearance’ that have been given to officer-level employees by 30% and 20% respectively. Last year, 3 pharmaceutical companies zipped up their officers’ pocke...