Dorsey’s Block cutting up to 10% of staff, Bloomberg News reports

Teona Gherasim

Feb 7 : Jack Dorsey's fintech Block is considering cutting up to 10 per cent of its workforce during annual performance reviews, Bloomberg News reported on Saturday citing people familiar with the matter. Block didn’t immediately respond to a request for comment. Reuters could not immediately verify the report. The company, which facilitates bitcoin purchases by acquiring the cryptocurrency and reselling it at a small premium, missed Wall Street estimates for third-quarter profit amid

Tag-uri: Bitcoin

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