Block’s stock surges 20% as Wall Street rewards massive job cuts at the parent company of Square and the Cash App.

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

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 ...

Block, Amazon and CrowdStrike have recently announced significant job cuts. Mass layoffs can create unique financial and career challenges for workers.

Block, the company behind Square, Cashapp and Afterpay, is proactively slashing 40% of its workforce because of advances in AI. Will other companies follow suit? Tech expert Lance Ulanoff tells CNN’s ...

The Twitter co-founder says he believes the majority of firms will make similar changes "within the next year." ...

Block, led by CEO Jack Dorsey, is cutting over 4,000 jobs, or nearly half the company. Read Dorsey's memo on the cuts.

Twitter co-founder Jack Dorsey has fired nearly half the staff at his financial technology company, Block, as he goes fully ...

Oakland-based Block Inc. is set to layoff over 4,000 employees and its CEO cited AI as the reason.

A global technology company founded in 2009, San Francisco-based Block operates in the United States, Canada, parts of Europe ...

There’s no doubt the new tech will reshape workforces, the question is how the transition will be managed and who bears the ...