Block laying off about 4,000 employees, nearly half of its workforce
block mentioned Thursday it is laying off greater than 4,000 staff, or about half of its headcount. The inventory skyrocketed greater than 24% in prolonged buying and selling. “Today we shared a difficult decision with our team,” Jack DorseyBlock’s co-founder and CEO, wrote in a letter to shareholders. “We’re reducing Block by nearly half, from…