Block CEO Jack Dorsey cuts 4,000 jobs, says more companies will follow

After announcing that 4,000 workers would be “asked to leave” or “enter into consultation” in his annual letter to shareholders on Thursday — nearly half of the company’s over 10,000 employees at his Oakland-based firm behind Square and Cash App — Block CEO Jack Dorsey warned that more companies will do the same “within the […] This article ( Block CEO Jack Dorsey cuts 4,000 jobs, says more companies will follow ) first appeared on The Independent Singapore News .