BLOCK LAYOFFS IMMINENT $BTC
Block Inc. cuts up to 10% of staff. Over 1100 jobs on the line. This restructuring hits just before earnings. Analysts expect $6.25B revenue. Block integrates Cash App and Square. Proto and Goose projects expand. The company faces intense competition. Bitcoin revenue dropped but remains key. Square launched new Bitcoin payment features. These moves signal a major pivot. The market is watching closely.
Disclaimer: This is not financial advice.
$SQD $BTC #CryptoNews #Layoffs #Block

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