US payment fintech Block has begun laying off staff as the parent company of Australian buy now, pay later darling Afterpay grapples with new internal targets and a sinking share price.
Block chief executive Jack Dorsey (left) with Afterpay co-founders Nick Molnar and Anthony Eisen. AFR
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Mark Di Stefano is Rear Window columnist, based in the Sydney newsroom. He previously worked at BuzzFeed, the Financial Times and The Information before joining the Financial Review as a media and tech correspondent. Connect with Mark on Twitter. Email Mark at mark.distefano@afr.com
