layoff

Jack Dorsey’s Fintech Firm Block Cuts Over 900 Jobs: “Want To Give You Straight Facts”

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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

How Trump 2.0 Fired Federal Workers Over Teams Meet, Gave 30 Minutes To Leave

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Washington: A massive layoff has shaken the federal workforce, with thousands of employees let go in a matter of days. The layoffs, which were reportedly ordered by Donald Trump, have affected mostly probationary staff, with approximately 200,000 workers set to be impacted, per the Washington Post. The latest round of layoffs occurred on Friday, with … Read more