Market Updates
Jack Dorsey’s Block may cut up to 10% of staff in business overhaul: Report
•1 min read
Jack Dorsey's Block Inc. is reportedly considering cutting up to 10% of its workforce as part of a business overhaul. Analysts anticipate the company will generate a profit of $403 million on $6.25 billion in revenue for the fourth quarter, following a third quarter that showed strong gross profit growth despite mixed market reactions.
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