Block (NYSE:XYZ) is cutting up to 10% of its workforce as part of a broad restructuring effort. The move marks the third sizable reduction in headcount in two years, focused on cost optimization and ...
Square has the highest gross margin across Block’s reported segments. The fact that outbound sales will play a greater role in Square’s seller acquisition efforts is an implicit admission that growth ...
Square-parent Block crashed Friday on fourth-quarter earnings, revenue and key financial metrics that missed Wall Street ...
Block, Inc. faces intense competition and lacks clear leadership in the fintech sector, with limited synergy between its Cash App and Square segments. Recent strategic changes, including appointing ...
The company formerly known as Square but changed its name to Block (NYSE: XYZ) is one of the more interesting companies you'll come across. It was a market darling during the COVID-19 pandemic, known ...