#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.
EconomyEN
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.