Block chief Jack Dorsey isn’t done with layoffs.
His company, which operates payments service Square, money transfer app CashApp, and music streaming platform Tidal, plans its second round of successive layoffs in December, two employees familiar with the plans told Fortune. The date of the cuts is currently set for next week, as well as the week of December 3, one of the people said, although that date could change should plans shift. The people asked to be kept anonymous as they aren’t authorized to speak about company matters.