A quiet internal exercise at Block Inc. in December 2025, led to a decision that would soon draw global attention. The ...

Twitter founder and Block Inc (formerly Square) CEO Jack Dorsey announced late last month that his fintech venture was making “one of the hardest decisions in the history of our company” by “reducing ...

CEO Jack Dorsey warns of AI's impact on jobs, highlighting Block's workforce reduction strategy. Block's AI tools boost efficiency, with engineer output up 40%, says CFO Amrita Ahuja. Despite layoffs, ...

Block Inc., the firm behind payment platforms Square, Cash App and Afterpay, has quietly brought back a small portion of workers it laid off in late February with its transition to rely more on ...

Jack Dorsey, CEO of Block Inc, is not only laying off nearly half of the company’s workforce, but he wants investors to think he’s an AI-focused trailblazer for doing so. In a letter to shareholders ...

BANGKOK (AP) — Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000 of its 10,000 plus employees, ...

Block CEO Jack Dorsey said at the time of the layoffs that the company would have erred in some of the decisions it made and that it would correct mistakes. Block Inc., the firm behind payment ...