Jack Dorsey sounds layoff alarm after Block slashes 50% staff — which companies could be next?

: For thousands of white-collar workers, the future suddenly feels less certain. Jack Dorsey announced that Block, the parent company of Square and Cash App, will cut nearly half of its workforce, reducing its headcount from more than 10,000 employees to just under 6,000. That means more than 4,000 people are losing their jobs, even as Dorsey says the business itself is strong and profits are growing.Why is Block Cuting Over 4,000 Jobs At Once Instead of Multiple Rounds of LayoffsIn a post on X, Dorsey exp ...