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Read email Jack Dorsey sent when he cut 931 of Block’s staff

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.

TechCrunch on MSN · 1d

Read the email Jack Dorsey sent when he cut 931 of Block’s staff

The news was announced to staff in an email from Block’s co-founder and CEO, Jack Dorsey. Dorsey told staff that on Tuesday, Block will be “making some org changes, including eliminating roles and beginning the consultation process in countries where required.”

ABC7 News · 1h

Jack Dorsey's Block to lay off nearly 1,000 employees, including remote CA workers: report

Former Twitter CEO and Block co-founder Jack Dorsey said the layoffs are for "strategy" and "performance," denying it's due to financial reasons or AI.

8hon MSN

Bay Area tech CEO lays off 931 workers with 'straight facts' email

Jack Dorsey told the staff of Bay Area-headquartered Block that 931 people would lose their jobs and that the company would ...

50mon MSN

Layoffs in 2025: Infosys, Block, IBM Among Firms Cutting Workforce | Full List Inside

Recession and advancement of Artificial Intelligence, Several major companies have recently announced job cuts, including IBM ...

13don MSN

Jack Dorsey predicts Bitcoin will hit $1 million by 2030 — but how realistic is that?

On Sept. 20, 2024, Michael Saylor, co-founder of Strategy (formerly MicroStrategy), predicted that Bitcoin is on an ...

Crowdfund Insider4h

Block’s Layoffs Signal Broader Fintech Industry Challenges

Block (NYSE: XYZ), the fintech co-founded by Jack Dorsey, announced a workforce reduction, laying off 931 ...

China tariffs may be cut to seal TikTok sale, Nissan Micra to return as EV

Block, Jack Dorsey’s financial technology company, plans to let go almost 1,000 current employees, while making other ...

3don MSN

'I love Tesla': Twitter co-founder Jack Dorsey backs Elon Musk company amidst surging vandalism and political challenges

Elon Musk, now the CEO of Tesla and owner of X, replied with three heart emojis, showcasing a rare moment of goodwill between ...

2d

Winning STL: Jim McKelvey on beating Amazon and entrepreneurship (Part 1)

Jim McKelvey, Block (formerly Square) owner and founder, discusses how he started Square with Jack Dorsey and his thoughts on ...

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