The CEO said he cut the company’s workforce by 4,000 people – almost in half – because of gains in AI productivity ...

The possibility that companies are spinning employees and investors and using AI as a shiny excuse for ugly layoffs has ...

Led by CEO Jack Dorsey, this innovative financial services entity thinks outside the box.

In a letter to the company, CEO Jack Dorsey said AI tools are making fundamental changes to “what it means to build and run a ...

Block delivered a strong Q4 '25, beating top-line expectations and driving shares up 24% after announcing a 40% workforce reduction. See why XYZ stock is a Buy.

Jack Dorsey’s Block is cutting 4,000 employees, reducing its workforce by nearly half, in a move the financial technology ...

A global technology company founded in 2009, San Francisco-based Block operates in the United States, Canada, parts of Europe, Australia, and Japan.

In an exclusive interview with WIRED, Block’s cofounder and CEO says he axed 40 percent of his workforce so that he can ...

Morgan Stanley Technology, Media & Telecom Conference 2026 March 3, 2026 2:30 PM ESTCompany ParticipantsAmrita Ahuja - ...

By Manya Saini and Arasu Kannagi Basil Feb 26 (Reuters) - Block on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul to embed artificial intelligence across ...

Jack Dorsey, CEO and co-founder of Block, announced in a letter to shareholders that the Oakland-based financial company was laying off more than 4,000 employees, or about 40% of its workforce. Block ...

Anthropic sued to prevent the Pentagon from blacklisting it, arguing the move is illegal and infringes on its rights. The decision may affect AI usage restrictions.