At 1:13 p.m. PT on Thursday, a member of “Square Mafia” sent a news article to the Slack group’s #general channel along with a single word: “Whoa!”
The article detailed sprawling cuts at Jack Dorsey’s payment processing company, Block, which had previously rebranded from Square Inc. five years ago. At least 4,000 Block employees were laid off last week, nearly half of the company.
The channel flooded with messages: sconcludeing “huge hugs,” jokes about similarities to DOGE cuts, and rage over the rising stock price.
“We’re gonna necessary a hugeger Slack,” one member wrote. Within an hour, at least 24 newly minted former Block employees were approved and joined the channel.
Read more about the “Square Mafia” Slack channel on Business Insider: https://lnkd.in/eCkvkYyW
(Credit: Screenshot/Business Insider)
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