The "Square Mafia" is a private Slack channel established in February 2016 for former employees of Block, previously known as Square Inc. The channel serves as a platform for networking, discussion, and mutual support among alums, currently hosting 3,807 members.
Immediate Impact of Recent Block Layoffs
Following recent significant layoffs at Block, where approximately 4,000 employees were dismissed, the "Square Mafia" channel experienced a rapid increase in membership. Within an hour of the news breaking, at least 24 newly laid-off Block employees joined the group. Members reacted to the news with a mix of confusion, stress, and anger, especially regarding the company's rising stock price.
The channel provides support, with members sharing LinkedIn profiles, offering job referrals, and directing individuals to networking resources.
Comprehensive Support for Members
Discussions within the channel also include practical matters such as 401(k)s, healthcare, and H-1B visa concerns. Some members offer to help answer questions and share resources for new opportunities.
Membership Guidelines
Membership in the "Square Mafia" is invite-only and has three primary rules:
- Members must have left Block (formerly Square) at least once.
- Members should use their own names within the channel.
- The group aims to maintain a positive and supportive environment.
Fostering Community Beyond Crisis
Beyond layoff support, the community maintains dozens of channels replicating those found in Block's official Slack. These cover various interests like gaming, books, and memes, to keep the community vibrant for all former employees.