Amber: Due to market impact, it has been decided to cancel the 2022 performance bonus

ChainCatcher news, according to a Bloomberg report citing an internal memo from Amber Group, Amber Group informed employees this week that it is canceling the performance-based bonuses for 2022 due to slowing business growth and market uncertainty. Amber CEO Michael Wu confirmed the cancellation of bonuses and the reduction of management salaries in an interview with Bloomberg, adding that the company will continue to cut costs. (Source link)