Block, a tech company formerly known as Square, is set to lay off 240 workers at its Oakland office hub, highlighting vulnerabilities in the tech sector as it deals with the repercussions of the post-coronavirus economy. The layoffs, announced through a WARN letter to the California Employment Development Department, will affect remote workers throughout California as well. The impacted roles span various categories, including engineering and sales, and the company has not ruled out further job cuts in the future.
Block has announced the layoff of 240 jobs in Oakland, highlighting ongoing vulnerabilities in the tech industry in a post-coronavirus landscape.
Affected roles include engineering, design, product, business, sales, and customer operations, reflecting the broad impact of the downsizing within the company.
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