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Block Stock Pops as Jack Dorsey's Bitcoin, Payments Company Dumps 4,000 Jobs

Block Stock Pops as Jack Dorsey's Bitcoin, Payments Company Dumps 4,000 Jobs


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2026-02-26 22:28:34
Block Stock Pops as Jack Dorsey's Bitcoin, Payments Company Dumps 4,000 Jobs

Block said the restructuring will cost up to $500 million and be largely completed by mid-2026, as investors embraced the move.

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