Jack Dorsey's digital payments company, Block Inc., could cut around 10% of its 11,000 employees during annual reviews as a wider restructuring continues.
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Jack Dorsey's Cash App launches a zero-fees feature.
Cash App waives Bitcoin fees on purchases over $2,000 and recurring buys, enhancing accessibility and lowering transaction costs.
Reports say the payments firm Block Inc., led by Jack Dorsey, is preparing to cut as much as 10% of its workforce.
Block is poised to cut up to 10% of its workforce, impacting over 1,000 employees, as part of ongoing restructuring under Jack Dorsey.
BTC miners face a crisis as prices plummet and costs soar, threatening the viability of mining amid rising energy competition and weather disruptions.