Block becomes the latest fintech to lay off workers
https://techcrunch.com/2024/01/30/block-becomes-the-latest-fintech-to-lay-off-workers/
Block, the fintech company whose subsidiaries include Square, Cash App and Afterpay, is laying off staff at a tumultuous time for tech industry workers.
That’s according to an internal memo from CEO Jack Dorsey, obtained first by Business Insider, which states that “the growth of [Block] has far outpaced the growth of … business and revenue.”
