Block lays off 40% employees; after thousands of job cuts CEO Jack Dorsey tells staff: Repeated rounds of layoffs are “destructive to morale,” so …

Block, led by CEO Jack Dorsey, has drastically cut its workforce by nearly half, impacting over 4,000 employees. Dorsey cited a shift towards leaner, AI-driven operations as the reason, preferring a single, decisive layoff to avoid prolonged uncertainty and morale damage. Generous severance packages are being offered to departing staff.

This Post Has One Comment

  1. TURGAY YILMAZ

    çok yararlı bir paylaşım olmuş teşekkür ederim çok işime yarıcak.

Leave a Reply