‘We’re behind’: Jack Dorsey’s Block slashes 931 positions in March

What’s going on at Block?

Block, the fintech startup led by former Twitter CEO Jack Dorsey, has eliminated approximately 931 jobs.

In an email to staff on March 25 — obtained by TechCrunch — Dorsey also announced that the company is closing most of its open roles.

“Why do this all at once instead of over time? We’re behind in our actions, and that’s not fair to the individuals who work here or the company,” the email reads.

“When we know, we should move, and there hasn’t been enough movement. We need to move to help us meet and stay ahead of the transformational moment our industry is in.”

Dorsey added that Block will begin the consultation process “in countries where required.”

Impact on Canadian staff

Samfiru Tumarkin LLP is working to determine if any Canadian employees at Block were let go.

According to LinkedIn, the company has more than 170 workers in the country.

• SEE ALSO: Layoffs in Canada: Which Employers are Slashing Staff?

Lost Your Job? Get Help Now

📞 Contact Samfiru Tumarkin LLP: 1-855-821-5900 or request a consultation online.

Our experienced employment lawyers in Ontario, Alberta, and British Columbia (BC) have helped tens of thousands of non-unionized individuals resolve their workplace issues, including wrongful dismissals.

If you’ve lost your job at Block for any reason, don’t panic. We can review your situation, assess your legal options, and help you secure the compensation you’re legally entitled to.

Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and SHOULD NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.