The news was announced to staff in an email from Block’s co-founder and CEO, Jack Dorsey. Dorsey told staff that on Tuesday, ...
Block Inc., the fintech parent company of payment platforms Cash App and Square, is laying off about 10% of the workforce at ...
Co-founder and CEO Jack Dorsey chopped Block (XYZ) employees earlier this week to reduce the financial services company’s ...
The Twitter and Block co-founder said the fintech would lay off 931 employees to streamline the company and improve ...
Jack Dorsey shared a letter with Block employees outlining the reasons why the company was cutting over 900 jobs. Here's what ...
The company — which owns Square, CashApp, and Tidal — is reportedly laying off over 930 employees and closing its open roles.
The previous owner of X says the mass job losses are not for financial reasons or because of greater use of AI ...
Jack Dorsey told the staff of Bay Area-headquartered Block that 931 people would lose their jobs and that the company would ...
Block, the financial technology company co-founded by Jack Dorsey, has laid off over 900 people, roughly 8% of the company's ...
In the five-year period leading up to its all-time high in August 2021, shares of Block (NYSE: XYZ) were up an astonishing ...
Block co-founder and former Twitter CEO Jack Dorsey said the layoffs are for "strategy" and "performance," denying it's due ...
In addition to the layoffs, Block will close 784 open positions, except for a few critical roles or positions where candidates have already reached advanced stages in the hiring process. Dorsey ...