About this episode

The episode discusses the recent job cuts in the fintech sector, focusing on Block and WiseTech, and what employees should consider moving forward.

Block Just Cut 4,000 Jobs. WiseTech Cut 2,000. Here's What To Do Next. Last week was a wake-up call for anyone working in fintech and tech in Australia. Block — the company behind Square, Cash App, and Afterpay — cut more than 4,000 employees. That's nearly half the company, down from over 10,000 to just under 6,000. The stock surged 24% on the same day. Afterpay is still headquartered in Sydney, and Australian staff have been directly affected. The same week, WiseTech Global announced 2,000...

People in this episode

Host: Dexter Cousins

Topics covered

• job cuts
• fintech
• technology
• employment
• business impact
• Australian economy

Keywords

• job cuts
• fintech
• Block
• WiseTech
• Afterpay
• employment
• Australia
• technology

Mentioned in this episode

Organizations: Block, WiseTech, Square, Cash App, Afterpay

Places: Australia, Sydney

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