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Evening Standard
Evening Standard
Technology
Martyn Landi and Nuray Bulbul

CEO Jack Dorsey's background as his finance company Block lets go of 1,000 employees

Jack Dorsey Block Twitter Inc. Square United States Elon Musk Evan Williams X Dick Costolo Donald Trump
Jack Dorsey said the job losses at Block would ‘raise the bar’ for the company’s performance - (AFP via Getty Images)

The co-founder of X (previously Twitter), Jack Dorsey, is reportedly firing around 1,000 employees from his finance company via email.

On Tuesday, Mr Dorsey sent an email to Block staff members informing them of the job losses at the financial services behemoth that owns Square, Tidal and Cash App.

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