Ann: Annual Report for year ended December 31, 2023, page-36

Capital brief recently wrote 3 negative news stories on Block. At the recent quarter Jack said they were putting on hold Cash Apps global expansion. As many of the Block people working on Cash App global were ex Afterpay employees many of them lost their job with the recent staff cuts. Sounds like Capital brief talked to 3 of them. I am not a subscriber to Capital brief but you can have a read if you are interested.

Nick Molnar signals Block will axe Afterpay brand in the US by year-end

https://www.capitalbrief.com/article/nick-molnar-signals-block-will-axe-afterpay-brand-in-the-us-by-year-end-16b97e63-722f-4e3c-a10e-7968221d6362/preview/

Paying later: The inside story of Afterpay’s inevitable decline

https://www.capitalbrief.com/article/paying-later-the-inside-story-of-afterpays-inevitable-decline-9ae92cc6-5908-468d-9862-82e755f0c083/preview/

Layoffs at ‘very, very dysfunctional’ Block spark fears for Afterpay's future

https://www.capitalbrief.com/article/layoffs-at-very-very-dysfunctional-block-spark-fears-for-afterpays-future-2f46bc0a-87ae-4b1c-9dac-a7ec510adbcc/preview/