Block cut 40% of its workforce from a position of strength. Jack Dorsey says most CEOs are next. Here's the three-layer ...

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

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 ...

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

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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 ...

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

In cowboy country – the most meat‑mad state in the US – a judge invoked the First Amendment to strike down a law imposing big ...

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

Key insights: Block is planning another round of layoffs that are expected to come in tandem with annual performance reviews. What's at stake: Jack Dorsey's payments company has been looking to reduce ...