Block (NYSE: XYZ) -- initially called Square -- had its initial public offering (IPO) in November 2015. While the shares ...
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 (NYSE: XYZ), the fintech co-founded by Jack Dorsey, announced a workforce reduction, laying off 931 ...
Block, the financial technology company co-founded by Jack Dorsey, has laid off over 900 people, roughly 8% of the company's ...
Block shares are down 32% year-to-date, and 80% since their peak of $289 in 2021. By comparison, the ARK Fintech Innovation ETF is down 6.5% year-to-date. The slump has helped drag CEO Jack Dorsey’s ...
In a surprising turn of events, Jack Dorsey's financial technology company, Block, plans to lay off nearly 1,000 employees as part of a broader reorganization strategy. This marks the company's second ...
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 ...
Block employees received an email from Dorsey Tuesday alerting them of the mass firings coming to the financial services giant, which owns Cash App, Square, and Tidal. Dorsey, who founded Block ...
Fintech Block Inc (NYSE:XYZ) is the latest company to announce a series of layoffs with 931 people, or around 8% of the ...