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

Laid-off Block employees say they were embracing AI tools in what one called an almost "celebratory" way. Then it replaced ...

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

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.

Block, the parent company of payment apps Square, Cash App and Afterpay, is laying off more than 40 percent of its staff, pointing to recent advancements in AI that are “enabling a new way of working.

Block is cutting over 4,000 jobs, citing intelligence tools as the driving force behind one of the biggest restructurings in ...

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.

Does VPN block ads? Yes. Here's the best VPN ad blocker. Check out the list of the top VPN with ad blocker to get rid of ...

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

Jack Dorsey says his payments company, Block, will cut more than 4,000 jobs as part of an AI-driven restructuring effort, with affected employees expected to find out their fate today.

House Democratic Leader Hakeem Jeffries said Friday a bipartisan coalition is working to force a vote as soon as next week on ...

Block, Inc. XYZ stock surged Friday after the fintech giant paired a blowout fourth quarter with a sweeping workforce reduction, prompting a wave of bullish analyst reactions. Deep staff cuts and ...