Summary
Months after eliminating more than 4,000 jobs, the company behind Cash App and Square is cutting additional positions. Its latest layoffs raise questi…
What this means for you
Block, the fintech company behind Cash App and Square, began a second round of layoffs on Wednesday, months after cutting more than 4,000 jobs in February. The company has not said how many employees are affected at this time, so the article does not show the scale of this round. For Chinese readers working in or considering fintech jobs in the US, the story points to additional job cuts at one company, but it does not specify which roles, teams, or locations are affected. The article does not address visas, pay, prices, education, safety, or family life, so no conclusions on those areas can be drawn here.
Source: Fast Company
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Have you or someone you know worked at a fintech company during a round of layoffs, and what did you do to prepare?
