Former Block employees, laid off amid the company’s recent restructuring, have congregated in an unaffiliated Slack group, now boasting over 3,800 members. The group, dubbed the “Square Mafia,” serves as a platform for former colleagues to share support, find new job opportunities, and exchange memes, with its membership growing rapidly since the layoffs.
The recent layoffs at Block, led by CEO Jack Dorsey, have been a significant blow to the company’s workforce, with many employees affected across various departments. As a result, the Slack group has become a vital hub for those impacted, providing a sense of community and camaraderie during a challenging time. The group’s members include former employees from Block and its subsidiaries, such as Square and Cash App.
The “Square Mafia” Slack group has been active for some time, but its membership has surged in recent weeks, with many former employees joining to connect with colleagues and share their experiences. The group is not officially affiliated with Block, but it has become an essential resource for those navigating the job market after being laid off. Members can share job openings, offer advice, and provide support to one another, with some even reporting success in finding new roles through the group.
The layoffs at Block have had a significant impact on the company’s stock price, with $SQ trading lower in recent weeks. Despite this, the company remains committed to its mission of expanding access to financial services, with CEO Jack Dorsey emphasizing the importance of innovation and risk-taking in the face of adversity. As the “Square Mafia” continues to grow, it will be interesting to see how the group evolves and whether it can provide a lasting network for former Block employees.
| Company | Number of Employees Affected | Departments Impacted |
|---|---|---|
| Block | Several hundred | Multiple departments, including engineering and sales |
| Square | Unknown | Various teams, including product and marketing |
| Cash App | Unknown | Customer support and operations teams |
Looking ahead, the “Square Mafia” Slack group is likely to continue playing a vital role in supporting former Block employees as they navigate the job market. With the group’s membership growing rapidly, it will be interesting to see how it evolves and whether it can provide a lasting network for those affected by the layoffs. As the tech industry continues to experience significant changes, the “Square Mafia” may become a model for how former colleagues can come together to support one another in times of need.
⚡ Why it matters: The “Square Mafia” Slack group provides a unique example of how former colleagues can come together to support one another after being laid off, and its growth highlights the importance of community and networking in the job market. The group’s success may also have implications for how companies approach layoffs and employee support in the future.
📊 By the numbers:
Over 3,800 members in the “Square Mafia” Slack group
Several hundred employees affected by layoffs at Block
Multiple departments impacted, including engineering and sales
🔗 Source: [Original source]*
