Jack Dorsey just halved the size of Block's employee base — and he says your company is next [TechCrunch]
Forrester Research, Inc. (FORR)
Last forrester research, inc. earnings: 2/13 04:05 pm
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Source: TechCrunch
On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, Cash App, and Tidal, is cutting more than 4,000 employees, nearly half its global workforce, taking it from over 10,000 workers down to just under 6,000. Investors responded enthusiastically, sending the stock up more than 24% in after-hours trading. It isn't the first time a major tech company has done something of the sort. In November 2022, Musk slashed roughly 50% of Twitter's staff in a single stroke after taking the company private, a move that rattled many in Silicon Valley and rewrote the unofficial rules for how far a CEO could go in one shot. Dorsey was in an unusual position to watch it unfold. He'd rolled his roughly 2.4% ownership stake in Twitter into Musk's takeover rather than taking a cash payout, making him one of the largest outside investors in what became X. The two men have had one of tech's stranger relationships, with warm words giving way to public shots, the
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FORR
News
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- Forrester Research (NASDAQ:FORR) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=FORR&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall StreMarketBeat
- Forrester Research Q4 Earnings Call Highlights [Yahoo! Finance]Yahoo! Finance
FORR
Earnings
- 2/12/26 - Beat
FORR
Sec Filings
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- FORR's page on the SEC website