Block rallies after a 40% headcount cut, strong Q4 2025 results, and raised FY2026 guidance. Find out why I rate XYZ stock a ...

Jack Dorsey announced that his tech company Block was laying off 40% of its workforce, about 4,000 employees, due to AI ...

Jack Dorsey says Block will cut over 40% of its workforce as shares surge 25% post earnings despite strong profit guidance.

Financial tech firm Block’s stock surged as much as 20% in Friday trading after its billionaire CEO Jack Dorsey revealed ...

The payments company will fire about 40% of its employees, with CEO Jack Dorsey attributing the move to the impact of artificial intelligence. While investors cheered the move, analysts also raised ...

The Block co-founder called the decision "one of the hardest decisions in the history of our company." ...

Jack Dorsey cuts more than 4,000 jobs at Block, shrinking the company by nearly half as he pivots toward smaller teams and AI.

Block is cutting 4,000 jobs in a sweeping reset that signals a leaner, AI-driven future. Employees affected by the cuts were offered 20 weeks of salary, six months of healthcare coverage, and a $5,000 ...

Block slashes nearly half its workforce as Jack Dorsey credits AI tools for making thousands of roles redundant. Stock soars 22%.

Block cuts 40% of its workforce as Jack Dorsey cites AI-driven restructuring, saying the company remains financially strong despite eliminating over 4,000 jobs ...

Investors cheered Block's big layoffs, but the move also flicks at the tension between markets and the economy Citrini highligthed in its viral AI note.

Block CEO Jack Dorsey has announced a radical restructuring that will see nearly half of the company’s workforce made redundant. Shares surged by 23.5% in after-hours trading.View on euronews ...