The CEO of Block, Inc., announced layoffs of about half its workforce on Feb. 26, citing AI as the reason for the large cuts ...

Block’s “audacious” move ignites debate over whether the company is using AI as an excuse to walk back reckless hiring.

Block, Jack Dorsey's payments company, will cut 6,000 of its 10,000 workers as it embraces AI. CNBC's Steve Sedgwick says it's the biggest story of the week.

"Today we shared a difficult decision with our team," Jack Dorsey, Block's co-founder and CEO, wrote in a letter to ...

Wall Street is excited for Block to move forward with fewer humans and more AI. The Jack Dorsey-led company announced it will cut more than 4,000 employees, or about half its workforce, and investors ...

Block CEO Jack Dorsey warns of AI's impact on jobs after announcing 40% staff cuts, aiming for a leaner, AI-driven company approach.

Citrini warned everyone that these AI layoffs were coming, and it seems Jack Dorsey took their warning to heart and chose to ...

Block shares soared more than 16% on Friday after the fintech firm announced it would nearly halve its workforce as part of ...

Earnings season is wrapping up with a mixed bag of results across crypto miners, AI infrastructure plays and fintech names, ...

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

Jack Dorsey faces backlash after Block’s $68 million party preceded mass layoffs, as AI strategy and stock surge spark debate.

Blue Bell announced its first new ice cream flavor of 2026 on Thursday. The flavor is Honey Vanilla. It’s a simple combination of honey and vanilla, but its ...