The fintech company behind Stripe payment processing and other financial services laid off almost half its personnel. Was it ...

Former Block employees congregate in an unaffiliated Slack group to share support, find new jobs, and trade memes. It's grown since recent layoffs.

I talked to one of the laid-off Block employees. He gave me a sobering warning.

Block said Thursday it is eliminating jobs because there are opportunities to move more efficiently using AI. Chief Executive Jack Dorsey said he was cutting the jobs because inte ...

Block cut more than 4,000 jobs, citing efficiency gains from AI, underscoring how even AI-focused roles are vulnerable in today’s tech restructuring.

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 ...

A tech employee who survived massive layoffs at Jack Dorsey’s company Block says she resigned the very next day, even after ...

The texts poured in. “WOW.” “WILD.” “Bloodbath.” As the former head of communications, policy and people at Square, the ...

Dorsey framed the move as a productivity reset fueled by AI. Critics, however, said the explanation may not tell the whole story.

By Manya Saini and Arasu Kannagi Basil Feb 26 (Reuters) - Block on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul to embed artificial intelligence across ...