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Feb 27, 2026, 10:33 am158 ptsTrending
Daring Fireball
CNBC: Block said Thursday it’s laying off more than 4,000 employees, or about half of its head count. The stock skyrocketed as much as 24% in extended trading. “Today we shared a difficult decision with our team,” Jack Dorsey, Block’s co-founder and CEO, wrote in a letter to shareholders. “We’re reducing Block…
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