Lookonchain APP

App Store

After a significant staff reduction, Block faced a manpower shortage and quietly rehired some employees, claiming that the earlier "layoff list was inaccurate."

2 hours ago

On March 19, Block Inc.—the parent company of payment platform Square and owner of Cash App—quietly rehired some employees it laid off in late February. The initial round of cuts affected roughly 4,000 people, part of the firm’s strategy to shift toward artificial intelligence (AI). Multiple employees have shared their returns on LinkedIn. Andrew Harvard, a design engineer, posted on March 3 that he was told his layoff stemmed from a “paperwork error” and has accepted the company’s offer to come back. Richard Hesse, Block’s chief technology officer, noted he spent two days convincing leadership that his team’s work was “critical to customers” and required a sufficient workforce. The company ultimately agreed to rehire some laid-off staff. Chane Rennie, a creative strategy lead, also disclosed on March 12 that he was asked to return to work roughly a week after the layoffs.
Relevant content

Spot Silver Breaks Below $70 Key Level

On March 19, spot silver fell below the $70 mark, notching a fresh low since February 6, with a 7.14% intraday drop, according to Bitget market data.

5 minutes ago

Open a new position with 10x leverage for 210,000 HYPE coins

On March 19, Onchain Lens monitoring reports a newly created wallet deposited 2 million USDC into Hyperliquid (link: https://app.hyperliquid.xyz/join/NTOD) and opened a 10x-leveraged 21,000 HYPE long position worth roughly $8.29 million.

5 minutes ago

Spot Gold Breaks Below $4700/Ounce

On March 19th, spot gold dropped below $4,700 an ounce (per Bitget market data), hitting a fresh low not seen since February 6 and posting a 2.47% daily decline.

5 minutes ago

Pump.fun has conducted a buyback of over 30% of the circulating supply of PUMP tokens.

On March 19th, per data from fees.pump.fun, Pump.fun has repurchased approximately $332 million worth of PUMP tokens, reducing the total circulating supply by 30.015%. Meanwhile, HTX market data shows PUMP is currently trading at $0.001882, with a 24-hour decline of 10.42%.

5 minutes ago

Swiss National Bank Keeps Interest Rates Unchanged as Scheduled

On March 19, the Swiss National Bank held its benchmark interest rate steady at 0%, matching market expectations, marking the third straight hold. (Xinhua News Agency)

5 minutes ago

Crypto.com to Cut About 12% of Its Staff as It Pushes Ahead with Company-Wide AI Transformation

**March 19: Crypto.com CEO Flags AI Integration as Make-or-Break; 12% Targeted Layoffs Announced** Crypto.com co-founder and CEO Kris Marszalek said on March 19 that the company is joining firms integrating AI across its entire operations. “Companies that don’t complete this shift immediately will fail—those that move slowly will be left behind,” Marszalek stated. “But firms that act fast and pair cutting-edge AI tools with top talent will unlock previously unimaginable scale and efficiency. This is the path we have to take.” As part of the transformation, Crypto.com is conducting targeted layoffs affecting roughly 12% of roles—positions that don’t align with the new AI-focused environment. All impacted employees have been notified and are receiving support resources to aid their transition. “We’re deeply grateful for the contributions of our departing colleagues,” Marszalek added.

5 minutes ago