Jack Dorsey’s Fintech Firm Block Cuts Over 900 Jobs: “Want To Give You Straight Facts”
Block, the financial technology company co-founded by Jack Dorsey, has laid off over 900 people, roughly 8% of the company’s staff, on Tuesday, TechCrunch reported. The news was announced to staff in an email from Mr Dorsey himself. In an internal email, he emphasised that the cuts are not financially motivated or aimed at replacing … Read more