Square

FintechFounded 200912,000+ employees

squareup.com

Payment processing (now Block).

D35/100

Concerning

Based on 4 documented receipts

2 Opposed1 Mixed1 Supported

Key Stats

Total Layoffs

1,000

Last: Jan 2024

Topics

🌈DEI 👷Worker Treatment

Stances (4)

🌈DEIOpposedJan 2024

Jack Dorsey historically supported BLM. But company scaled back DEI initiatives in 2024. Regression on prior commitments.

Source:Company WebsiteVerifiedShare

🌈DEISupportedJan 2024

Block maintains DEI programs. Jack Dorsey promoted inclusive culture.

Source:Company WebsiteVerifiedShare

👷Worker TreatmentMixedJan 2023

Block 10% cuts. Jack Dorsey taking responsibility. Cash App and Tidal restructuring.

Source:Company WebsiteVerifiedShare

👷Worker TreatmentOpposedJan 2023

Block (Square) laid off 1,000 employees in 2023.

Source:NewsVerifiedShare

Stats (1)

📉LayoffsJan 2024

1,000 employees laid off

Block (Square) cut approximately 1,000 jobs in January 2024 as part of CEO Jack Dorsey's headcount cap of 12,000. Affected Square, Cash App, and corporate teams.

1,000 affected(10% of workforce)

Source:News✓ Verified

Receipt Card

📑Receipt

Square

Fintech

DEI: Jack Dorsey historically supported BLM. But company scaled back DEI initiatives...

DEI: Block maintains DEI programs. Jack Dorsey promoted inclusive culture.

Worker Treatment: Block 10% cuts. Jack Dorsey taking responsibility. Cash App and Tidal restructur...

+1 more receipts

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Receipts.Tech4 receipts on file

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Key People

Jack Dorsey

Chairman