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Published 7 days ago • Updated 6 days ago

Block shrinks workforce 8%

Summary by paymentsdive.com

The job cuts appear aimed at making the company more efficient, according to TD Cowen analysts.

3 Articles

3 Articles

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St Louis Post-Dispatch

Block, formerly Square, lays off 67 in Missouri

The dismissals are a part of a reported companywide reduction in staff of 8% or over 900 people.

6 days ago·St. Louis, United States

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Layoffs in 2025: Infosys, Block, IBM Among Firms Cutting Workforce

Recession and advancement of Artificial Intelligence, Several major companies have recently announced job cuts, including IBM, Boeing, Infosys, CNN, Dropbox, Block, Adidas, and BlackRock. Despite these reductions, sectors like AI, fintech, and big data are expected to see growth by 2030.

6 days ago·Mumbai, India

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paymentsdive.com

Block shrinks workforce 8%

The job cuts appear aimed at making the company more efficient, according to TD Cowen analysts.

7 days ago

Read Full Article

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Coverage Details

Total News Sources3

Leaning Left1Leaning Right1Center1Last Updated6 days agoBias Distribution

33% Left, 33% Center, 33% Right

Bias Distribution

33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right

33% Right

Factuality

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Ownership

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paymentsdive.com broke the news in 7 days ago on Thursday, March 27, 2025.

Sources are mostly out of United States (1)

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