The reduction in force, which was announced in a shareholder letter on Thursday, comes after rolling job eliminations that have often been tied to annual performance reviews ...

Jack Dorsey has been many things in his career, including social media pioneer and crypto advocate. Now he’s the grim reaper ...

The billionaire's move to slash nearly half of Block's workforce in one fell swoop signals a departure from Big Tech's pattern of repeated cuts.

Executives should begin by auditing their own internal workflows to identify where agentic AI can consolidate roles and flatten management hierarchies.

One massive round of firings is apparently better for morale than a drip-drip-drip of death Twitter co-founder Jack Dorsey’s ...

WASHINGTON (AP) — Election-year legislation to impose strict new proof-of-citizenship requirements on voting appears stalled in the Senate, for now, despite President Donald Trump’s call in his State ...

Jurors found Terran Green guilty of aggravated assault of a public servant in the August 2023 shooting of Harris County ...

Jack Dorsey says Block will cut over 40% of its workforce as shares surge 25% post earnings despite strong profit guidance.

Jack Dorsey cut 40% of Block's workforce and blamed AI directly — not restructuring. The stock jumped 20%. Here's why every CEO in America noticed.

The company said the plan would cost it $450 million to $500 million in expenses and severance.