Block Inc. Takes a Scalpel to Its Workforce: 12,000 is the Magic Number! Trimming the Fat: Block Inc., under the watchful eye of Jack Dorsey, is wielding the layoff axe with precision, aiming to whittle down its employee count by year-end.
Strategic Downsizing: Business Insider's latest scoop reveals that Block is embarking on a calculated journey to shrink its workforce by about 10, bringing it closer to the coveted 12,000 mark.
The Numbers Game: While exact figures remain hush-hush, insiders whisper that the pink slips could reach nearly 1,000 souls. Ouch!
All Divisions on Notice: From Cash App to Foundational and Square, no corner of Block's empire is immune as Dorsey orchestrates this symphony of efficiency gains and operational fine-tuning.
