The news was announced to staff in an email from Block’s co-founder and CEO, Jack Dorsey. Dorsey told staff that on Tuesday, ...
Square and Bitkey work on integrating bitcoin payments. CEO Jack Dorsey highlights technical challenges and no timeline given ...
Jack Dorsey’s fintech venture lays off nearly 1,000 employees over email, report says - Block co-founder denies that the cuts ...
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 ...
Fintech Block Inc (NYSE:XYZ) is the latest company to announce a series of layoffs with 931 people, or around 8% of the ...
Jack Dorsey's company Block is cutting 931 employees, 8% of its workforce, for strategy, performance, and restructuring.
For the past few years, the financial technology sector has had it made. Between 2018 and 2023, the rapidly growing "FinTech" ...
Block, the fintech firm founded by Jack Dorsey, is set to lay off 1,000 employees as part of a major restructuring. The cuts ...
Were laid off at Fintech Block. Jack Dorsey's email still earned respect. In tough times, go for radical honesty.
Block (NYSE: XYZ), the fintech co-founded by Jack Dorsey, announced a workforce reduction, laying off 931 ...