TechCrunch:

Leaked email: Block lays off 931 employees, ~8% of staff, and moves 193 managers to individual contributor roles, in a second reorganization in just over a year  —  Fintech Block laid off 931 people, roughly 8% of the company's staff, on Tuesday, according to a leaked message from the company seen by TechCrunch.

TechCrunch:

Leaked email: Block lays off 931 employees, ~8% of staff, and moves 193 managers to individual contributor roles, in a second reorganization in just over a year  —  Fintech Block laid off 931 people, roughly 8% of the company's staff, on Tuesday, according to a leaked message from the company seen by TechCrunch.

Source: TechMeme
Source Link: http://www.techmeme.com/250325/p38#a250325p38