this post was submitted on 24 Nov 2023
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The articles keep going "CEO Dorsey says", probably because no one knows what Block is.
On that note, what is Block? They own a bunch of small companies like Square and Cashapp? If so, does this apply to those employees?
They have 12.000 employees. Like yes they do have a couple of recognizable products - mostly Square and Tidal.
But still, 12.000 people is a lot. One more case of overhiring for imaginary growth.
Did Block acquire Square?
According to the wiki, they started it as their original product. And later acquired Tidal, and some other services I'm not familiar with (Afterpay, Cashapp, Weebly)
No, Block was square. It's the first damn sentence.
Afterpay is an installment payment plan for online purchases, cash app is a direct payment app like Venmo/Paypal, and Weebly is a website builder.
No. Square was first, created cash (or cash app), and bought a bunch of other dumb shit. Eventually cash decided it wanted to be its own company and did their own shit, and jack allowed it because he’s a fucking idiot moron.
I worked there for a decade. Quit in 2020
Blockhead renames Square to Block.