Block, led by CEO Jack Dorsey, restructures to streamline operations and integrate products.
Block (formerly Square), under CEO Jack Dorsey, is undergoing a significant restructuring to streamline operations and better integrate products. The company is removing business silos and disbanding its business unit reporting structure, aiming to improve collaboration, craft, and flexibility. Block's Cash App is popular among millennials and Gen Z, while the stock is reasonably priced and an attractive entry point for long-term investors, despite execution uncertainties.
August 03, 2024
3 Articles