Jack Dorsey’s payment company Block Inc. has started notifying some employees during annual performance reviews that their positions may be eliminated, as part of the company’s broader restructuring plan. According to Bloomberg, citing sources familiar with the matter, the layoffs could affect up to 10% of employees (around 1,100 people). Analysts estimate Block’s Q4 revenue to be approximately $6.25 billion, with adjusted profits around $403 million. (Cointelegraph) http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=56398