The news was announced to staff in an email from Block’s co-founder and CEO, Jack Dorsey. Dorsey told staff that on Tuesday, ...

Jack Dorsey’s fintech venture lays off nearly 1,000 employees over email, report says - Block co-founder denies that the cuts ...

Block, the financial technology company co-founded by Jack Dorsey, has laid off over 900 people, roughly 8% of the company's ...

This structured approach not only highlights the methodical nature of the layoffs but also serves to reassure remaining employees that these actions are carefully considered and justified. The ...

Jack Dorsey's company Block is cutting 931 employees, 8% of its workforce, for strategy, performance, and restructuring.

The Twitter and Block co-founder said the fintech would lay off 931 employees to streamline the company and improve ...

The latest among them is Block, the financial service conglomerate owned by Twitter cofounder Jack Dorsey. Block encompasses massive fintech platforms like Cash App and Square, as well as more ...

Fintech Block Inc (NYSE:XYZ) is the latest company to announce a series of layoffs with 931 people, or around 8% of the ...

Block, the fintech firm founded by Jack Dorsey, is set to lay off 1,000 employees as part of a major restructuring. The cuts ...

When companies run into trouble, the C-suite often defaults to secrecy, sharing updates on a need-to-know basis. But when that happens, people make stuff up to fill the information vacuum—and it ...

In the five-year period leading up to its all-time high in August 2021, shares of Block (NYSE: XYZ) were up an astonishing ...