On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, Cash App, and Tidal, is cutting more than 4,000 employees, nearly half its global workforce, taking it ...

Block CEO Jack Dorsey warns of AI's impact on jobs after announcing 40% staff cuts, aiming for a leaner, AI-driven company approach.

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its ...

Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey.

While the Windows maker did not attribute the activity to a specific threat actor, the use of VS Code tasks and Vercel ...

Block ( XYZ) announced on Thursday that it's slashing its headcount by more than 40% because intelligent technology means fewer people can do more. The company's stock jumped 24% with the news.

Block (XYZ) stock jumps 23% after strong Q1 and 2026 guidance. Get key earnings highlights, gross profit beats, and what’s ...