#Block layoffs
Total 2 articles
EconomyEN
Block's 40% Staff Cut Signals Deeper Payment Wars
Jack Dorsey blames AI efficiency for massive layoffs, but the real threat may be stablecoins compressing the fee structure that built fintech fortunes.
·
SP
Seoyeon ParkEconomyEN
Block Eyes 10% Job Cuts as Bitcoin Bet Faces Reality Check
Jack Dorsey's Block considers cutting up to 10% of workforce amid falling stock price and pressure to prove bitcoin-focused strategy's profitability.
·
SP
Seoyeon Park