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Tech industry
fromBusiness Insider
1 week ago

Block employee says the company dangled a 75% pay raise to get her to stay after layoffs - but she decided to quit

Block offered retention bonuses and pay increases to surviving employees after laying off over 4,000 workers, but some recipients rejected the packages as ethically problematic.
Tech industry
fromBusiness Insider
2 weeks ago

How Block's severance package compares to other tech company layoffs

Block is laying off approximately 4,000 employees (nearly half its workforce) and offering a relatively generous severance package including 20 weeks of salary plus additional benefits.
fromBusiness Insider
2 weeks ago

What smart people are saying about Jack Dorsey slashing jobs at Block: 'The canary in the coal mine'

A significantly smaller team using the tools we're building can do more and do it better. I had two options: cut gradually over months or years as this shift plays out, or be honest about where we are and act on it now. I chose the latter.
Tech industry
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Cryptocurrency
fromBitcoin Magazine
9 months ago

Block Announces Bitcoin Business Stack, Makes Historic Lightning Payments Push At Bitcoin 2025

Bitcoin is transitioning from a store of value to a usable currency for everyday transactions.
Block Inc. is enhancing Bitcoin's role in commerce by enabling direct payments through Square POS.
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