(Bloomberg) — Micron Technology Inc. is cutting executives salaries by as much as 20% and suspending bonuses as the chipmaker copes with an industrywide slump. Most Read from Bloomberg Chief Exe...
Tag: Salaries
BlockFi increased some executives’ salaries after wipeout of equity stakes
Several BlockFi executive team members saw their equity stakes wiped out last year as part of its emergency restructuring plan, which included borrowing $400 million from collapsed crypto exchange FTX...
Latest in Crypto Hiring: Financial Services Firm Cuts Employee Salaries in Lieu of Layoffs
As layoffs in the crypto space have persisted in recent weeks, one company in the segment has taken a different approach. Crypto exchanges Bybit and Swyftx are among the crypto firms that have reveale...
Paradigm slashes employees’ salaries by 15%
The crypto derivatives trading platform Paradigm, through a recent announcement, reduced employee compensation by 15% across the board. The OTC business, which is distinct from the cryptocurrency inve...
Crypto derivatives firm Paradigm cuts salaries by 15%
Paradigm, an institutional liquidity network crypto derivatives traders, has announced a 15% company-wide salary cut. The salary cuts come amid widespread layoffs across the markets, including at some...
Crypto derivatives platform Paradigm cuts salaries by 15 percent
Paradigm, the crypto derivatives trading platform, cut salaries company-wide by 15 percent. The OTC firm — not to be confused with the crypto investment firm with the same name — blamed the pay ...
SushiSwap DAO Budgets $5.2M, With 82% Going to Salaries
SushiSwap DAO CEO Jared Grey has disclosed the operation’s Budget Snapshot for 2023, with more than $5.2 million slotted to maintain the decentralized exchange (DEX) next year. The platform, stewarded...
Why salaries in the United States don’t keep up with inflation
Inflation in the United States hit a record high in June 2022. Consumer prices soared by 9.1% compared with a year prior — the largest annual increase since 1981. While wages are rising, they’re...
Businesses Can Now Pay Employees’ Salaries In XRP
– Advertisement – NOWPayments said companies could pay salaries in XRP using its Mass Payouts feature. Top-rated cryptocurrency payment gateway NOWPayments recently revealed that employers...
FTX making non-U.S. vendor payments, depositing salaries
FTX Trading and approximately 101 additional affiliated companies said most subsidiaries are resuming ordinary course payments of salaries to employees worldwide and ordinary course payments to certai...
‘No Justification’ For Salaries That Are ‘Too High’
Topline TCI Fund Management, the activist hedge fund helmed by U.K. billionaire Christopher Hohn, touted a massive stake in Google parent Alphabet on Tuesday as he called on the company to cut costs b...
Saudi Arabia Lures Executives to Neom With Million-Dollar Salaries, Zero Taxes
Saudi Arabia’s megadevelopment Neom is paying senior executives roughly $1.1 million each annually, according to an internal Neom document, showing how the kingdom is using large pay packages to lure ...
La Russa’s Departure Comes As Managerial Salaries Keep Falling
Chicago White Sox manager Tony La Russa looks on during the first inning of a baseball game against … [+] the Baltimore Orioles in Chicago, Saturday, June 25, 2022. (AP Photo/Nam Y. Huh) Copyrig...
Salaries in the crypto world
A recent Crypto Jobs List analysis of Angel.co data has shed some light on the amount of salaries in Web3 and the crypto world in general. It takes the current year as a reference and looks at three d...
From Striking Down The Reserve Clause To Better Salaries, Here’s What Could Happen If Minor Leaguers Unionize
Should players in Minor League Baseball unionize, it would see a fundamental shift on a host of … [+] issues. (Photo by Jill Weisleder/MLB Photos via Getty Images) MLB Photos via Getty Images Th...
Crypto security experts raking in $430K salaries amid spike in hacks
The rise of crypto hacks over 2022 has skyrocketed demand for blockchain security experts, with some auditors making upwards of $430,000 per year. Speaking with Cointelegraph, blockchain recruitment f...
Request Finance introduces new “salaries” feature for crypto payrolls
Request Finance, a fast-growing B2B crypto payments app helping companies, freelancers and decentralised autonomous organisations (DAOs) manage and process payments, has introduced a new feature that ...
Exclusive: Bitwage CEO wants to ’empower digital dollar salaries globally’
Crypto payroll provider Bitwage has continued with its push to drive innovation of crypto payrolls by integrating the digital dollar (USDC) stablecoin on the Stellar blockchain. The move is aimed at e...
The real adoption of Bitcoin salaries
Are cryptocurrency wages an idea whose time has come? Maybe not. It’s one thing, after all, to dabble in Bitcoin (BTC) with one’s excess cash and quite another to take a significant portion of one’s s...
Partnership With Bitcoin Giant NYDIG Will Enable New York Yankees Employees to Convert Salaries To BTC ⋆ ZyCrypto
Advertisement     New York Yankees employees now have the opportunity to convert their earnings to Bitcoin (BTC) as a means of saving. In a new multi-year partnership ...
SHIB Can Now Be Utilized for Salaries Through This Shiba Inu Partnership
Businesses that employ SHIB holders can now provide them with the option of receiving payment in SHIB. For businesses looking to integrate SHIB wages and other types of bulk Shiba payments, the NOWPay...
Businesses Can Now Pay Employees’ Salaries in Shiba Inu (SHIB)
– Advertisement – NOWPayments Launches Solution to Enable Businesses to Pay Employees’ Salaries in Shiba Inu (SHIB). The solution will further expand Shiba Inu’s utility and prove that the...
Blockchain.com Cuts Staff by 25%, Executive Salaries Reduced – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
New York Yankees to pay a portion of employee salaries in Bitcoin
New York Yankees, one of the top baseball teams in the United States, has announced a partnership with NYDIG. Through this partnership, the baseball team will give their employees the option of being ...
New York Yankees employees can now convert their salaries into Bitcoin
New York Yankees, Major League Baseball’s most successful team in history, has taken a major step into the world of cryptocurrency with a partnership that allows the club’s employees to convert portio...
Compass Mining cuts staff by 15%, reduces salaries for senior employees
Bitcoin mining company Compass Mining is letting go of 15% of its team. The miner is also cutting salaries and spending, according to a statement on Thursday. Pay cuts to senior employees and the exec...
Compass Mining to Cut Salaries, Spending and 15% Staff
Compass Mining said that it is cutting salaries, spending and 15% of its team. The Bitcoin mining company also stated that pay cuts were up to 50% for senior employees and the executive team. “W...
Taxes of top concern behind Bitcoin salaries, Exodus CEO says
Major cryptocurrency wallet provider Exodus continues paying its employees in Bitcoin (BTC) despite the ongoing bear market, with the total market cap dropping below $1 trillion on Monday. Since launc...
Swapin Use Cases: How businesses can invoice, pay salaries, and more with crypto
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Nowadays online stores are ready to receive crypto payments, and the number of t...
Elon Musk threatens to cut Twitter board members’ salaries to $0 as his takeover bid morphs into a referendum on the company
When Tesla CEO Elon Musk revealed he had made a nearly $3 billion investment in Twitter on April 4, not many would have anticipated the soap opera that was about to begin. In a matter of weeks, Musk w...