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    Jack Dorsey’s Block Is Reportedly Planning to Lay Off Hundreds of Employees

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    Jack Dorsey’s Block (formerly Square) is reportedly planning a large-scale layoff in the coming days. As per the report, the financial services tech platform might cut down as much as 10 percent of its workforce, as part of its upcoming annual performance reviews. The company reportedly has just shy of 11,000 employees, which means the potential layoffs can affect hundreds of workers.

    Jack Dorsey’s Block (formerly Square) is reportedly planning a large-scale layoff in the coming days. As per the report, the financial services tech platform might cut down as much as 10 percent of its workforce, as part of its upcoming annual performance reviews. The company reportedly has just shy of 11,000 employees, which means the potential layoffs can affect hundreds of workers.
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