Cryptocurrency News

Compass Mining retrenches 15% of staff, execs to take major pay-cuts

07/08/2022

Less than a minute

2022.07.08 22:00

Compass Mining retrenches 15% of staff, execs to take major pay-cuts

Ongoing strife in the cryptocurrency space has forced Compass Mining to lay off 15% of its employees while top executives and staff take major pay-cuts.

The firm announced its decision to downscale its workforce in a bid to weather difficult market conditions, just a week after the resignation of CEO Whit Gibbs and chief finance officer Jodie Fisher.

07/08/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 103,259.67 1.18%

Ethereum (ETH) $ 3,274.21 3.81%

XRP (XRP) $ 3.13 5.09%

Tether (USDT) $ 0.999766 0.03%

Solana (SOL) $ 238.96 11.05%

BNB (BNB) $ 701.25 2.68%

Dogecoin (DOGE) $ 0.398986 3.03%

USDC (USDC) $ 1.00 0.00%

Cardano (ADA) $ 1.07 4.21%

Lido Staked Ether (STETH) $ 3,265.66 4.08%

TRON (TRX) $ 0.241223 2.11%

Avalanche (AVAX) $ 39.07 5.39%

Chainlink (LINK) $ 24.23 0.34%

Sui (SUI) $ 4.68 2.71%

Stellar (XLM) $ 0.461205 4.99%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 102,999.60 1.29%

Wrapped stETH (WSTETH) $ 3,888.80 3.72%

hedera-hashgraph

Hedera (HBAR) $ 0.351063 6.34%

Shiba Inu (SHIB) $ 0.000023 5.83%

the-open-network

Toncoin (TON) $ 5.34 4.40%

Polkadot (DOT) $ 7.02 5.31%

WETH (WETH) $ 3,270.65 3.98%

Litecoin (LTC) $ 127.16 7.84%

Bitcoin Cash (BCH) $ 464.47 3.64%

LEO Token (LEO) $ 9.76 0.48%

Uniswap (UNI) $ 14.06 5.89%

Bitget Token (BGB) $ 6.91 1.73%

Pepe (PEPE) $ 0.000019 4.31%

Hyperliquid (HYPE) $ 21.44 10.61%

Wrapped eETH (WEETH) $ 3,456.55 3.88%

USDS (USDS) $ 1.00 0.07%

NEAR Protocol (NEAR) $ 5.41 2.31%

Ethena USDe (USDE) $ 1.00 0.13%

Aptos (APT) $ 9.18 4.67%

internet-computer

Internet Computer (ICP) $ 10.68 5.60%

Aave (AAVE) $ 312.40 4.36%

VeChain (VET) $ 0.052201 5.96%

Ethereum Classic (ETC) $ 26.87 3.76%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.476406 6.84%

Monero (XMR) $ 217.27 1.77%

Render (RENDER) $ 7.48 4.84%

crypto-com-chain

Cronos (CRO) $ 0.137998 5.75%

Algorand (ALGO) $ 0.445683 6.94%

Bittensor (TAO) $ 449.13 3.36%

Kaspa (KAS) $ 0.143426 3.86%

Official Trump (TRUMP) $ 18.74 336.63%

Dai (DAI) $ 1.00 0.00%

Mantle (MNT) $ 1.06 7.03%

MANTRA (OM) $ 3.69 2.92%

Artificial Superintelligence Alliance (FET) $ 1.32 4.77%