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Jack Dorsey’s Block Eyes 10% Workforce Reduction Amid Business Overhaul: Report

Jack Dorsey’s Block Eyes 10% Workforce Reduction Amid Business Overhaul: Report

Bearish
Bitcoin.com logoBitcoin.comFebruary 8, 20261 min read
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Payments firm Block Inc., led by Jack Dorsey, is preparing to cut as much as 10% of its workforce as it pushes deeper into an efficiency drive, according to a report from Bloomberg. Bloomberg reported this weekend that Block has begun notifying hundreds of employees during annual performance reviews that their roles may be eliminated,

this weekend that Block has begun notifying hundreds of employees during annual performance reviews that their roles may be eliminated,