AI IntelligenceFeb 26, 2026Secondary Market
Article
XYZ
Fintech firm Block (formerly Square) announced it is laying off more than 4,000 of its 10,000+ employees, nearly half of its workforce. The announcement of significant cost-cutting measures was met positively by investors, with the stock surging over 19% in extended trading.
Data Cube AI EditorialSource: Techmeme
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Fintech firm Block (formerly Square) announced it is laying off more than 4,000 of its 10,000+ employees, nearly half of its workforce. The announcement of significant cost-cutting measures was met positively by investors, with the stock surging over 19% in extended trading.
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