Wall Street just sent a jarring message: cutting half your workforce is good for business. Block (XYZ) shares surged more than 22% in after-hours trading this week after CEO Jack Dorsey announced ...
Block, Inc. said it is laying off more than 4,000 employees, which is almost half of its total staff. The company had over 10,000 workers earlier, and after the cuts it plans to have just under 6,000 ...
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