"The 'Square Mafia' is a watering hole for former Block employees to chat, network, and commiserate. Created in February 2016, the unaffiliated channel houses a decade of Block alums. As of Monday afternoon, there were 3,807 members. The group is invite-only. Its members aren't only laid-off staffers; anyone who has left Dorsey's company is welcome."
"At 1:13 p.m. PT on Thursday, a member of 'Square Mafia' sent a news article to the Slack group's #general channel along with a single word: 'Whoa!' The article detailed sprawling cuts at Jack Dorsey's payment processing company, Block, which had previously rebranded from Square Inc. five years ago. At least 4,000 Block employees were laid off last week, nearly half of the company."
"There are generally three rules to Square Mafia membership: 'You have to leave Square (fine... fine Block), at least once. Yes, that means boomerangs are welcome. You should use your own name once you join. There are almost 4k people here now, nobody knows you by your nickname. Let's never have to make a third, ok everyone?'"
Block laid off nearly half its workforce, approximately 4,000 employees, prompting a surge of activity in 'Square Mafia,' an invite-only Slack channel for former Block and Square employees. Created in February 2016, the channel serves as a networking hub where alumni share support, trade memes, and help each other find new employment. Within an hour of the layoff announcement, at least 24 newly separated employees joined the 3,807-member community. The group welcomes anyone who has left the company, including returning employees. Organizers implemented a bot system for membership verification to manage the rapid growth following the mass layoff.
#block-layoffs #employee-networking #corporate-alumni-community #job-search-support #workplace-culture
Read at Business Insider
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