Home Cryptocurrency Jack Dorsey says Block to cut over 40% of workforce as stock surges 25% after earnings

Jack Dorsey says Block to cut over 40% of workforce as stock surges 25% after earnings

Jack Dorsey says Block will cut over 40% of its workforce as shares surge 25% post earnings despite strong profit guidance.

The post Jack Dorsey says Block to cut over 40% of workforce as stock surges 25% after earnings appeared first on Crypto Briefing.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Bitcoin Spot Volumes Sink To 2024 Lows As Coinbase Selling Pressure Eases

Bitcoin spot trading activity has fallen to its weakest level of the...

Bitcoin 5TH Wave Is Not Over Yet, And Price Could Still Crash To $52,000; Analyst Warns

Bitcoin is now inching towards $70,000, but there is enough to worry...

Ethereum Foundation Launches Bold New Push To Accelerate DeFi Growth

The Ethereum Foundation is taking a decisive step to strengthen decentralized finance...

Jack Dorsey’s Block to cut 4,000 jobs in AI-driven restructuring

Bloomberg reported earlier this month that 10% of Block’s workforce could be...