Based on news reporting.
A Block employee revealed that the company offered her a 75% pay raise to retain her after layoffs occurred, but she ultimately decided to resign. The article discusses the challenging environment at Block following the layoffs, highlighting the difficulties employees face in the wake of job cuts. While specific numbers of employees laid off were not mentioned, the situation reflects broader concerns about employee morale and retention strategies within the company. The employee's experience illustrates the tension between compensation offers and job security, as many workers reassess their positions amidst the layoffs.
Block cut 40 jobs as of October 1, 2023.
That is roughly 0.6% of the 7,000 people Block employs.
LayoffTalk has tracked 36 layoff events at Block since June 2023, affecting a combined 18,912 employees.
Anonymous by default. Be kind — people reading this may be going through it right now.
Block cut 40 jobs on October 1, 2023. Were you affected, or do you know people who were? How was it handled — severance, notice, which teams? You can post anonymously below.
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