this post was submitted on 31 Jan 2024
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Jack Dorsey's Block lays off 'large number' of staffers, adding to wave of tech industry cuts (www.businessinsider.com)
submitted 9 months ago by [email protected] to c/[email protected]
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Jack Dorsey's Block lays off 'large number' of staffers, adding to wave of tech industry cuts::Dorsey told staff in a Tuesday memo that a "large number" of Block employees, including those at Cash App and Square, were being laid off.

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[โ€“] [email protected] 24 points 9 months ago (1 children)

At what point would SEC come in and investigate these tech layoffs in relation to their stock price. The sheep following of these companies is just batshit insane to me.

[โ€“] [email protected] 22 points 9 months ago* (last edited 9 months ago)

The SEC exists to give a sheen of legitimacy to the grift.