Jack Dorsey Cuts Over 4,000 Jobs as Block Shrinks Workforce Nearly in Half
#News block Jack Dorsey layoffs
Block Inc. will cut more than 4,000 jobs. This reduction reduces the company's total workforce by nearly half. CEO Jack Dorsey described the move as one of the hardest decisions in the company's history. The announcement was released shortly after the market close on Thursday.
Block Inc. will cut more than 4,000 jobs, reducing its workforce by nearly half as CEO Jack Dorsey calls it one of the hardest decisions in the companyβs history. Block Slashes More Than 4,000 Roles in Companywide Restructuring Block founder Jack Dorsey announced on Thursday, 12 minutes after markets closed, that it will reduce its
