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Can confirm, worked at Cash App, they vastly overhired. Teams were tripling in size, trying to keep up with growth, and then managers got used to the idea of "
by octokatt 3y ago
Can confirm, worked at Cash App, they vastly overhired. Teams were tripling in size, trying to keep up with growth, and then managers got used to the idea of "if you have too much work, hire more".
It's funny the article cites:
> Block stock rose by over 2% Wednesday to $52.27 a share. That share price is down around 19% compared with the start of 2023.
When the real story is that Block stock was at ~$250 in summer 2021, before Square became Block and they tried (unsuccessfully) to pivot to crypto. Oops.
- deleted 3y ago[deleted]