Amber over a hundred former employees collectively defend their rights: laid off without compensation, company executives "disappear"
ChainCatcher news, according to Deep Tide TechFlow, several former Amber employees who were laid off in November did not receive the severance payments they were entitled to as per their contracts in early December. Furthermore, they have been unable to contact relevant senior personnel at Amber and can only get vague responses from HR.According to a Bloomberg report on November 4, Amber Group is completing over $100 million in financing at a valuation of $3 billion. Former employees revealed that the information they received indicated that Amber Group had secured part of the financing. On December 5, the entire company sent an email stating that all employees in mainland China would transition to remote work.Currently, many employees who are owed compensation have chosen to pursue labor arbitration. Previously, they had signed labor contracts with Amber's domestic entity "Shenzhen xxxx Technology Co., Ltd.", but this company changed its legal representative to someone they do not know at all on November 22. (Source link)