Jack Dorsey’s Block Eyes 10% Workforce Reduction Amid Business Overhaul: Report

Jack Dorsey’s Block Eyes 10% Workforce Reduction Amid Business Overhaul: Report
Payments firm Block Inc., led by Jack Dorsey, is preparing to cut as much as 10% of its workforce as it pushes deeper into an efficiency drive, according to a report from Bloomberg.

Bloomberg reported this weekend that Block has begun notifying hundreds of employees during annual performance reviews that their roles may be eliminated.

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