Back to Jack Dorsey
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In July 2024, Dorsey sent an internal memo warning a major Block reorganization would feel "big and disruptive or uncomfortable," restructuring Square, Cash App, and other divisions. Block also conducted smaller layoffs throughout 2024 as Dorsey narrowed company focus to Bitcoin and core payments products. Dorsey has acknowledged the difficulty of workforce reductions without the extensive public communication Stripe or Airbnb have used.

July 25, 2024View SourceVerified

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