Bitmain, a prominent Bitcoin application-specific integrated circuit (ASIC) manufacturer, has reportedly suspended salary payments for its employees starting from September, according to a recent report from Leiphone, a technology information service platform based in China.
Multiple Bitmain employees, who wished to remain anonymous, have disclosed that the company has also cut all „bonuses and incentives” for its staff. The report details how Bitmain has not disbursed remuneration due since the previous month, adding to the financial strain faced by its employees. To compound the matter, employees are now grappling with a 50% reduction in their base salary.
A message that was purportedly disclosed from Bitmain’s management stated:
„For the month of September, the company has yet to achieve a net positive cash flow, especially in the orders of [new] ASICs. The Executive Management Team therefore decided that salaries for the month of September will be paused, to be reviewed after Octo
We współpracy z: https://cryptodaily.co.uk/2023/10/bitmain-pauses-employee-salary-payments-report
