The CEO said he cut the company’s workforce by 4,000 people – almost in half – because of gains in AI productivity Mark remembers the first time he wondered whether he was teaching Block’s AI tools ...

CEO cited AI advances in cutting 4,000 workers, but a weak crypto market and declining stock price may also be at play Jack Dorsey cited AI as the driving force behind cutting 40% of his company’s ...

Payments company Block announced it’s laying off 40% of its staff. According to Chairman and founder Jack Dorsey: “This decision comes from a position of strength. Intelligence tools have changed what ...

Jack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes. On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, ...

Block, the parent company of Square and the Cash App, is conducting a major reorganization in the age of artificial intelligence, and investors are rewarding the move. The payment-technology company ...

Block (XYZ) stock surged 23% in Thursday after-hours trading after the payment technology company announced that it's cutting its staff by ~40%. Meanwhile, the company issued strong guidance for 2026 ...

Twitter co-founder Jack Dorsey is axing more than 4,000 employees at his fintech company Block — slashing the workforce by nearly half in what he called a necessary shift toward ‘intelligence tools.’ ...

Workers describe a deteriorating culture at Block, the company behind Square and Cash App, where layoffs continue and employees are expected to use AI tools daily. “Morale is probably the worst I’ve ...

For decades, computer-aided design (CAD) has been the cornerstone of modern engineering. Yet much of the workflow still relies on manual repetition, rigid processes and human interpretation. Engineers ...

Reality TV show The Block has been running since 2003, and has seen countless duos walk away with life-changing amounts of cash. We’ve also seen ex-contestants start new business ventures, marriages, ...

"Bargain Block" host Keith Bynum was all smiles in a recent social media post, showing off a joyful hand between himself, his on-air (and real-life) partner, Evan Thomas, and their costar, Shea ...

New York state’s top financial regulator struck a $40 million settlement Thursday with Block Inc., the parent of Cash App, the popular money transmission service, after having found the company had ...