Insolvent crypto lender Voyager Digital has received permission to pay bonuses amounting to $1.6 million to employees it deems critical to its operations. 34 Members of Staff to Receive Bonus Payments...
Tag: employees
Voyager approved to pay up to $1.9 million in bonuses to retain employees
A federal judge has signed court orders allowing crypto lender Voyager to pay up to $1.9 million to specific employees for remaining with the firm and sealing their identities as well. The so-called &...
US court gives Voyager green light to pay bonuses to key employees
A New York bankruptcy court has given embattled cryptocurrency brokerage Voyager Digital the green light to pay retention bonuses to key staff members. The firm filed a motion with the United States B...
Voyager Digital gets approval to pay $1.6M bonus to 38 employees
Voyager Digital has received the approval to commit $1.6 million as bonuses for employees who are crucial to its restructuring process. A U.S. Bankruptcy Court approved the request on Aug 24, after V...
Troubled Crypto Firm Voyager to Grant $1.6M in Bonuses to Key Employees (Report)
One of the most affected companies in the crypto space because of the bear market – Voyager Digital – will reportedly pay $1.6 million in bonuses to its top 34 staff. The firm explained that those wor...
Crypto Lender Voyager Can Pay Employees ‘Retention’ Bonuses, US Judge Rules
“This program does not involve the senior management team, and data about these individuals would typically not exist in the public domain. We note that no creditor or shareholder or economic st...
Creditors of Bankrupt Voyager Digital Oppose Company Giving Out Bonuses to Employees
An embattled crypto brokerage firm is under fire for seeking to pay out nearly $2 million as part of an employee retention package. According to a new filing in a New York bankruptcy court, lawyers sp...
Voyager Digital’s creditors oppose retention bonus for employees
Bankrupt crypto-lender Voyager Digital has run into trouble again, this time drawing flak from its creditors. The Official Committee of Unsecured Creditors of Voyager Digital has filed an objection ag...
Here’s Where Tech Giants Stand After Apple Employees Protest Mandate
Topline Apple employees initiated a petition early Monday opposing the company’s forthcoming policy requiring corporate workers to be in the office three days a week, joining several other major techn...
Apple employees claim they’re doing ‘exceptional work’ remotely as Tim Cook orders them back. They’re probably wrong
The return-to-office wars continue to rage, with Apple wanting its employees back in the office—and workers aren’t having it. Apple has become one of the most vocal firms in corporate America’s quest ...
Apple employees launch petition to protest return-to-office plans
A group of Apple employees is pushing back against a looming deadline demanding they return to working in the office. The Financial Times has seen a petition, circulated by employee group Apple Togeth...
Voyager creditors rejects bonus plan for 38 employees
Voyager Digital creditors have opposed its move to pay employees “retention awards,” according to an August 19 court filing. Bonuses worth $1.9M Voyager had asked the bankruptcy court to approve a $1....
Voyager Customers Say No to ‘Retention’ Bonuses for Employees of Bankrupt Crypto Lender
Crypto lender Voyager Digital’s creditors do not believe the company needs to pay employees “retention awards,” according to a new legal filing shared late Friday. Voyager, which is ...
5 Ways To Ensure It Doesn’t
Surveillance technology can be damaging but it doesn’t have to be. getty If your company isn’t using surveillance technology to track your work yet, it probably will soon, according to data. But...
Facebook Lets Its Algorithm To Decide – The Result? 60 Employees Are Fired!
Facebook is the latest major technology corporation to initiate mass layoffs, randomly selecting 60 contractual staff using an algorithm. The displaced contractors at Accenture’s Austin, Texas headqua...
Swyftx axes employees amid market downturn 1
Swyftx crypto exchange has announced that it has decided to axe 21% of its employees amid the biting market crash. This phenomenon has continued to overtake the market as most companies look for ways ...
AT&T employees ‘forced’ back to the office started a Change.org petition to make remote work permanent
Like most people, AT&T workers would rather work from home than in person. Through their union, Communications Workers of America (CWA), they struck a deal with the telecom giant a few weeks ago t...
Only 50 or so profiles out of 7,000 Binance employees on LinkedIn are real, says CZ
According to a Sunday Twitter post by Binance CEO Changpeng Zhao, also known as CZ, only about 50 out of 7,000 users claiming to be employees of the world’s largest cryptocurrency exchange on Li...
Employees suffering pandemic burnout say they’ve just stopped working as hard
Lisa Souza, an insurance claims adjuster, regularly volunteered to work on weekends and holidays but the strain was compounded during the pandemic as colleagues retired early or stayed home out of hea...
Power Is Shifting Away From Employees: Can Remote Work Survive?
What will a shift in power mean to the future of work? getty In the last couple years, employees have made some great strides in terms of flexibility, pay and quality of life—but that may be ending. H...
BlueBenx Fires Employees Over Hack
BlueBenx’s lawyer revealed that the attack resulted in the loss of $32 million Many investors found it hard to believe this The Brazilian crypto lender promised up to 66% returns All BlueBenx, a Brazi...
BlueBenx fires employees, halts funds withdrawal citing $32M hack
BlueBenx, a Brazilian crypto lending platform, reportedly blocked all of its 22,000 users from withdrawing their funds following an alleged hack that drained $32 million (or 160 million Brazilian real...
Even airline employees are having trouble finding a seat home from Europe this summer
International passengers walk through the arrivals area at Terminal 5 at Heathrow Airport on November 26, 2021 in London, England. Leon Neal | Getty Images News | Getty Images Airlines want people to ...
US ethics advisory on federal employee’s crypto has basis in legislation
When the United States Office of Government Ethics (OGE) released its Legal Advisory 22-04 on July 5, most attention was given to its conclusion that federal employees who own any amount of cryptocurr...
Oracle Lays Off Hundreds of Employees
Oracle laid off hundreds of employees this week as the business software provider prioritizes its healthcare IT services and cloud businesses, according to people familiar with the company’s actions. ...
Attorney Jeremy Hogan Accuses SEC of Not Authenticating Its Own Employees’ Speeches
As the litigation between the U.S. Securities and Exchange Commission and Ripple continues, both sides are actively jamming sticks in each other’s wheels and fighting for their truth. The most r...
Robinhood to lay off ‘approximately 23%’ of employees
Stock trading app Robinhood announced a fresh round of layoffs Tuesday. “As part of a broader company reorganization into a General Manager (GM) structure, I just announced that we are reducing ...
Robinhood Brings The Axe Down On 780 Employees As Shares Plunge 50%
Robinhood Markets announced Tuesday plans to render another 23% of its workforce jobless – just months after the app-based brokerage let go of 9% of its employees. On Tuesday, Robinhood said it was la...