Block, led by Jack Dorsey, plans to lay off 1,000 employees (10% reduction) across Cash App, Afterpay, and Square subsidiaries. Block, liderado por Jack Dorsey, planea despedir a 1.000 empleados (una reducción del 10%) en sus filiales Cash App, Afterpay y Square.

Jack Dorsey's financial services company Block has announced plans to lay off around 1,000 employees. Block, la empresa de servicios financieros de Jack Dorsey, ha anunciado planes para despedir a unos 1.000 empleados. The decision, which will impact staff in the Cash App, Afterpay, and Square subsidiaries, has been justified by Dorsey in an internal memo as wanting to take such actions immediately rather than gradually. Dorsey justificó la decisión, que afectará al personal de las subsidiarias Cash App, Afterpay y Square, en un memorando interno porque desea tomar tales acciones de inmediato en lugar de gradualmente. According to Insider, this marks a 10% reduction in Block's workforce. Según Insider, esto supone una reducción del 10% en la plantilla de Block. The company had previously planned to reduce its headcount from 13,000 to 12,000 by the end of this year. La empresa había planeado previamente reducir su plantilla de 13.000 a 12.000 para finales de este año.