Jack Dorsey’s Block looking to cut up to 10% of workforce in latest efficiency push: Bloomberg

Block's Jack Dorsey Block Inc., the Jack Dorsey-led fintech company behind Cash App, Square and Afterpay, is preparing to cut up to 10% of its staff as part of a broader business overhaul, Bloomberg reported Saturday, citing people familiar with the matter. Block did not immediately respond to a request for comment from (similarly-named, but entirely independent) The Block. The cuts are happening across multiple teams as managers carry out year-end performance evaluations expected to run through late Fe ...