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Jack Dorsey Lay's Off 900 Workers in Lowercase Email

· 3d · on MSN

Jack Dorsey Lays Off 900 Workers in Lowercase Email: 'Straight Facts'

The Twitter and Block co-founder said the fintech would lay off 931 employees to streamline the company and improve performance.

· 4d · on MSN

Read the email Jack Dorsey sent when he cut 931 of Block’s staff

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 will be “making some org changes, including eliminating roles and beginning the consultation process in countries where required.”

Jack Dorsey’s Block is cutting jobs (again).

The company — which owns Square, CashApp, and Tidal — is reportedly laying off over 930 employees and closing its open roles. It’s the company’s second recent layoff, after cutting similar numbers in early 2024.

1don MSNOpinion

The Power of Honesty: What Businesses Can Learn from Jack Dorsey’s Layoff Announcement

While I’m never glad to see layoffs, Jack Dorsey’s email to Block, the fintech firm he founded as Square, announcing the ...

3d

Jack Dorsey's Fintech Firm Block Cuts Over 900 Jobs: "Want To Give You Straight Facts"

Block, the financial technology company co-founded by Jack Dorsey, has laid off over 900 people, roughly 8% of the company's ...

4d

Jack Dorsey Says Block Not 'Replacing Folks With AI' In Letter Explaining 900+ Job Cuts

Fintech Block Inc (NYSE:XYZ) is the latest company to announce a series of layoffs with 931 people, or around 8% of the ...

Block, Led by Jack Dorsey, Cuts 931 Jobs in Broad Reorganization Drive

Jack Dorsey's company Block is cutting 931 employees, 8% of its workforce, for strategy, performance, and restructuring.

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