Jack Dorsey's Block laid off over 4,000 employees. A select few have been rehired, according to LinkedIn posts.
Block Inc., the firm behind payment platforms Square, Cash App and Afterpay, has quietly brought back a small portion of ...
Block (NYSE: XYZ) got blocked by a number of potential investors after the fintech company's first-quarter earnings disappointed the market. The stock is now trading down more than 46% on the year as ...
"Block leadership informed me that my layoff was due to a clerical error," said a Block employee who was previously laid off.
The rehires include roles in engineering, creative strategy, infrastructure (supporting Square and Weebly), and recruiting.
Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey. Dorsey thinks ...
3,807 former Block employees gather in a single Slack channel, the "Square Mafia."Illustration by Jonathan Raa/NurPhoto via Getty Images At 1:13 p.m. PT on Thursday, a member of "Square Mafia" sent a ...
BANGKOK – Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000 of its 10,000 plus employees, ...