Block laying off about 4,000 employees, nearly half of its workforce

Block laying off about 4,000 employees, nearly half of its workforce

Jack Dorsey, co-founder and CEO of Block Inc., listens during the Bitcoin 2021 conference in Miami, Florida, on June 4, 2021.

Eva Marie Uzcategui | Bloomberg | Getty Images

Block said Thursday it’s laying off more than 4,000 employees, or about half of its headcount.

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