Block Layoffs: 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 announced the most dramatic layoffs in the recent times. The company has slashed around 40% jobs which is nearly half of its workforce in a single round of layoffs. The company’s workforce has dropped from over 10,000 employees to just under 6,000. Speaking about the layoffs Dorsey said…
