BLOCK TO FACE ‘DISRUPTIVE' INTERNAL OVERHAUL, FOUNDER JACK DORSEY WARNS STAFF

Summary from the TLDR newsletter

Fintech company Block is about to reorganize its entire internal reporting structure. The company has been conducting rounds of layoffs since the end of last year. CEO Jack Dorsey says the move may feel 'big and disruptive or uncomfortable'. The company is due to report its latest quarterly earnings next week.