About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its ...

Block said Thursday it's laying off more than 4,000 employees, or about half of its head count. Shares of the payment company ...

By Utkarsh Shetti and Manya Saini Feb 27 (Reuters) - Block shares soared more than 16% on Friday after the fintech firm ...

Block beat views on growth in its consumer lending unit as writeoffs soared. With 40% of workers out, can AI replace them? If others follow, it could be AIpocalypse now.

Jack Dorsey’s Block is cutting 4,000 employees, reducing its workforce by nearly half, in a move the financial technology ...

Financial tech firm Block’s stock surged as much as 20% in Friday trading after its billionaire CEO Jack Dorsey revealed plans for sweeping layoffs and a full embrace of AI tools. Dorsey, best known ...

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

Group’s shares surge 25% as CEO says ‘most companies are late’ to realise how much technology will affect employment ...

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 ...

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.

Shares in the financial technology company Block have soared more than 20% in after-hours trading after its CEO announced it ...

Block (XYZ) stock jumps 23% after strong Q1 and 2026 guidance. Get key earnings highlights, gross profit beats, and what’s ...