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'Hit by client exits PwC asks China partners to take pay cut up to 50%'
Chinese authorities have been probing PwC's role in auditing China Evergrande Group after the securities regulator accused the troubled property developer in March of a $78-billion fraud
Standard Chartered CEO's pay drops by 29% amid 2020 profit miss
Winters' total renumeration dropped to £3.8 million, down from £5.4 million in 2019
TCS top management takes pay cut in FY20 to conserve cash amid Covid-19
Pay package of CEO Rajesh Gopinathan fell 16% in last fiscal
Salary cuts: Sikka, Premji, Birla see paychecks shrink as big firms fail to meet targets
In all the cases, sectoral turmoil and a fall in the company's performance are the cause