Read the e-mail Jack Dorsey sent when block employees cut 931

The Fintech block extinguished 931 people today, according to a message leaked from the company made by Techcrunch.

News An e-mail from the bloc co-founder and CEO Jack Dorsey was announced to employees. Dorsey said that today the bloc said, “There will be some Org changes, including the need to eliminate roles and start the consultation process.”

In the email, Dorsey explained that the block was cutting between the three large buckets. The first list is a cutting of 391 people for the cause of “strategy”.

For the second and largest bucket, 460 people, “performance”, with Dorsey, the “below” or “below” or “below” rating “or” downward stretching “is” the separation of roads with the people “.

The third bucket is cut 80 to flatten the block hierarchy of the block.

Dorsey’s email denies that the withdrawals are the financial reason or supplement of employees with AI. In particular, Dorsey wrote that “trying to change a certain financial goal, to change a certain financial goal or change our header cover.”

On the contrary, the block continued, “while lifting the bar and moving faster in performance,” strategic needs to change their roles.

Dorsey, in a proposal stage, roles of critical operations, key leadership roles, roles of leadership, roles and others in the block, “all” 748 open role is closed.

Block Last in January 2024 last great jobs When cut around the role of 1000. There are about 12,000 employees of outfits, so each time there is a decrease of about 10% over 15 months.

The block did not respond immediately to a request for comment.