We read the Email Jack Doursey sent when you cut the 931 of the block staff

The FakeCh Block Sulled on 931 people Tuesday, according to a leaked message from the company seen by Techcrunch.

The news has been announced to the staff in an email from the block of the block and CEO, Jack Basey. Dorsey told the staff that tuesday, it will be “making some changes, including roles by deleting the consultation process in the villages where required.”

These are the latest changes to fill the block, Dorsey financial services which possesses the cash square. The company provides furniture pay services for consumers, and even the software and sales software for the business.

In the mail, Dorsey explained that block is cut roles through three large kisses. The first he is 391 people who are cut for “strategy” reasons.

The second and the largest of Bucket, 460, I am for “performance” of making the block is “wearing” and “below” tendency.

The third bucket is the managers, 80 of which they were cut in order for the hierarchy of flatten block block. Dorsey also told 193 materials are moved in individual contributors roles.

Dorsey email denies the layoffs are for financial reasons or to replace workers with AI. Specifically, Dorsey wrote that “No. of the above (cut) seek to fill a specific financial destination, replacement of Hadcount head.”

Parenting the block is that the role to the need to replace while “increase more and act faster on performance.”

Dorsey also noticed that the block is locked “all” 748 open with the exception of those who are independent of a bid, and others accomplish, and others.

Block Last important past in January 202 When you cut around 1,000 roles. Before the Tuesday LayoffsThe dress had about 12,000 staff members, according to a familiar source with the matter.

The block did not respond immediately to a comment request.

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