The news was announced to staff in an email from Block’s co-founder and CEO, Jack Dorsey. Dorsey told staff that on Tuesday, ...
Co-founder and CEO Jack Dorsey chopped Block (XYZ) employees earlier this week to reduce the financial services company’s ...
Jack Dorsey told the staff of Bay Area-headquartered Block that 931 people would lose their jobs and that the company would ...
Fintech Block Inc (NYSE:XYZ) is the latest company to announce a series of layoffs with 931 people, or around 8% of the ...
While I’m never glad to see layoffs, Jack Dorsey’s email to Block, the fintech firm he founded as Square, announcing the ...
Block, the financial technology company co-founded by Jack Dorsey, has laid off over 900 people, roughly 8% of the company's ...
The company — which owns Square, CashApp, and Tidal — is reportedly laying off over 930 employees and closing its open roles.
The Twitter and Block co-founder said the fintech would lay off 931 employees to streamline the company and improve ...
The previous owner of X says the mass job losses are not for financial reasons or because of greater use of AI ...
In the five-year period leading up to its all-time high in August 2021, shares of Block (NYSE: XYZ) were up an astonishing ...
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 ...
Block co-founder and former Twitter CEO Jack Dorsey said the layoffs are for "strategy" and "performance," denying it's due ...