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Block's Layoffs in Washington
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Jack Dorsey's fin-tech company, Block, has laid off 43 workers in Washington, impacting up to 1,000 potential employees. The layoffs are part of broader cuts and were announced by Dorsey. Square, Cash App, and Foundational workers in Washington are affected.
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How do layoffs affect the overall job market and economic growth in a region?
How might these layoffs impact the fin-tech industry in Washington?
What strategies is Jack Dorsey employing to cope with the financial challenges faced by Block?
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