Block announces massive layoffs affecting over 4,000 jobs as the payments company pivots to AI-driven operations under CEO ...

Jack Dorsey's Block, a fintech company that owns Square and Cash App, is laying off nearly half of its workforce. Dorsey ...

The all-lowercase public letter to staff elaborates on why Dorsey slashed headcount at the fintech company by thousands—to ...

The Twitter co-founder says artificial intelligence "fundamentally changes what it means to build and run a company." ...

Block—owner of payment apps, bitcoin and music streaming—grew its workforce to nearly 13,000 during the pandemic.

The techie said that continuing to work at Block with a salary hike after seeing almost her entire team being laid off felt shameful and dehumanising.

Former Block employees congregate in an unaffiliated Slack group to share support, find new jobs, and trade memes. It's grown since recent layoffs.

The Block CEO says a structural misstep and pandemic-era overhiring were factors in big cuts at the firm this week.

Jack Dorsey is one of the most consequential entrepreneurs of his generation. When someone with that track record says A.I.

Workers describe a deteriorating culture at Block, the company behind Square and Cash App, where layoffs continue and ...

Shares in the financial technology company Block have soared more than 20% in after-hours trading after its CEO announced it ...