SAN FRANCISCO (KRON) — Block, the fintech company founded by former Twitter CEO, is laying off 8 percent of its staff, according to a report in TechCrunch. The layoffs will impact 931 people. About ...

Block, the payments company founded by Jack Dorsey that includes Square and Cash App, said Thursday that it plans to lay off 40% of its workforce, or more than 4,000 employees. Dorsey alluded to ...

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Block is the latest notable tech company to lay off hundreds of workers, according to reports. CEO Jack Dorsey is said to have informed employees that the company is firing a "large number" of them, ...

new video loaded: Block Uses A.I. as Excuse for Laying off 40% of the Company transcript The financial services company Block recently laid off nearly 40 percent of its employees. On “Hard Fork” from ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Dorsey's move to reduce Block's headcount from more than ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Block Inc., the financial ...