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Embattled Hong Kong cosmetics retailer Sa Sa axes 75 jobs, cuts salaries by as much as 40 per cent

Embattled Hong Kong cosmetics retailer Sa Sa axes 75 jobs, cuts salaries by as much as 40 per cent

2020-02-13 23:00:08



Sa Sa Worldwide Holdings, Hong Kong’s greatest cosmetics retailer, mentioned on Thursday it might minimize its 2,500-strong work drive within the metropolis by three per cent and slash salaries by as much as 40 per cent within the three months to Might.The announcement follows a 75 per cent minimize in pay for the corporate’s government administrators for 3 months, which it revealed on February 6. Sa Sa goals to avoid wasting as much as 30 per cent of its prices within the quick time period by means of these measures.“Sa Sa, like all of our friends in retail, has…

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