Jack Dorsey’s Block Inc. Begins Layoffs Underneath Beforehand Disclosed Plan to Lower Workers by 10%

Jack Dorsey’s Block Inc. Begins Layoffs Underneath Beforehand Disclosed Plan to Lower Workers by 10%

by Jeremy

Block, whose firms embody Sq. Inc., Money App and Tidal, in addition to the bitcoin-focused division TBD, stated in an earnings name final yr that it could cut back its headcount from 13,000 within the third quarter of 2023 to an “absolute cap” of 12,000 by the top of this yr.

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