Critics target Dorsey's 'managerial incompetence' as Block lays off staff in 'intelligence' pivot

Block has let go of 40% of its workforce, leaving just under 6,000 employees. Jack Dorsey, the company’s cofounder and CEO, has cited the use of intelligence tools in the company’s operations as a reason for the massive layoffs.  Despite Jack Dorsey stating that the layoffs are to streamline operations, he has been accused of […]