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Block reportedly lays off almost 1,000 employees
Block has laid off 931 workers, which make up around eight percent of its entire staff, according to TechCrunch and The Guardian.
The publications have viewed an email, wherein the financial technology company's co-founder and CEO, Jack Dorsey, has discussed the latest organizational changes. In his email, Dorsey denied that the layoffs were made to hit any specific financial target and headcount goal, or because the company was replacing workers with artificial intelligence. Amazon's latest jumbo-sized sales event includes a handful of genuinely decent prices on AirPods, iPads and other Apple gadgets.
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