Block employee says the company dangled a 75% pay raise to get her to stay after layoffs — but she decided to quit

Jack Dorsey Rolf Vennenbernd/picture alliance via Getty Images Naoko Takeda wrote on LinkedIn that Block offered her a pay bump and retention bonus after its recent layoffs. Takeda said she quit instead. "That's not an honor. It feels shameful and dehumanizing," she wrote. Business Insider viewed messages in which two employees said their retention bonuses were $60,000 and $80,000. Survived the Block layoffs? You might be getting a hefty retention package, including a bonus. Naoko Takeda wa...

5 Mar, 23:36 — 5 Mar, 23:36

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Why this matters

This story highlights the challenges companies face in retaining talent after layoffs, especially when attempting to incentivize remaining employees with significant financial offers. It also sheds light on the personal decisions employees make regarding job security and company culture in such environments.

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ℹOnly 2 sources cover this story

Perspective Analysis

AI-generated comparison of how 2 sources cover this story

Coverage focuses on a former Block employee, Naoko Takeda, who publicly shared her experience of being offered a significant pay raise and retention bonus after company-wide layoffs, only to decide to quit. Both sources largely align on the details of her account.

What sources agree on

Naoko Takeda, a Block employee, was offered a 75% pay raise and a retention bonus.
The offer was made after Block's recent layoffs.
Takeda ultimately decided to quit Block despite the offer.

Key claims2 agreed

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Naoko Takeda wrote about her experience on LinkedIn.

agreed·YahooBusiness Insider

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Block offered Takeda a 75% pay bump and retention bonus.

agreed·YahooBusiness Insider

Perspective Analysis

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