Payments firm Block is firing nearly 50% of workers, saying automation lets it do more with less. It grew bloated during the pandemic and overpaid for questionable deals. A $6 bln stock jump ...

Block is cutting over 4,000 jobs, citing intelligence tools as the driving force behind one of the biggest restructurings in ...

When former state Sen. Blaise Ingoglia started barnstorming Florida to accuse county and city officials of rampant waste and abuse of taxpayer funds, many expected him to produce sensational proof of ...

Shares in the financial technology company Block have soared more than 20% in after-hours trading after its CEO announced it was laying off more than 4,000 of its 10,000 some employees due ...

Hi, everyone. Thanks for joining our fourth quarter 2025 earnings call. Today's call will be 45 minutes. We have Jack and Amrita with us today, along with Owen Jennings, our business lead; and Nick ...

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.