Tech Executives Make Bold Moves: From PIPs to Funding Rounds, Here's What's Happening
Jack Dorsey, founder of Block, has announced that the company will be ending performance reviews and performance improvement plans (PIPs) in favor of constantly evaluating employees and parting ways immediately if necessary. Dorsey also named Dhanji Prasanna as the new CTO. These changes come as part of Dorsey's efforts to build a culture of excellence at Block.