PANews reported on March 19th that, according to Cointelegraph, payment company Block has quietly rehired some employees after laying off 4,000 at the end of February . Several employees posted on LinkedIn that they received return-to-work invitations. One design engineer stated that his layoff was due to a "clerical error" and he accepted the invitation; a technology lead said he spent two days persuading management that more staff was needed to continue working on client-critical infrastructure, allowing some laid-off colleagues to return; a creative strategy lead said he received a return-to-work invitation about a week after being laid off, but did not specify the reason. Block CEO Jack Dorsey acknowledged potential errors in the decision-making process during the layoffs, while maintaining flexibility to correct them, and pointed out that the development of AI tools forced the company to restructure.
After laying off 4,000 people last month, Block has quietly rehired some employees.
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