Brokerage firms face layoffs in winter, average salary cut by nearly 40% in the first half of the year

The securities industry is in a cold winter! Among the 50 mainland-listed securities firms that recently announced their first-half reports this year, 33 saw a year-on-year decrease in wages payable to employees, with the highest reduction in per capita wages reaching 37.32%. The number of employees in each securities firm has decreased to varying degrees, among which the industry leader CICC has laid off 246 people in the first half of the year…