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

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

The possibility that companies are spinning employees and investors and using AI as a shiny excuse for ugly layoffs has ...

Jack Dorsey, CEO and co-founder of Block, announced in a letter to shareholders that the Oakland-based financial company was ...

Dorsey made the call. Markets answered ...

Block earned some praise for its "relatively generous" severance package. Here is a look at what other Big Tech companies ...

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 ...

The fintech company behind Square and Cash App is slashing more than 4,000 jobs as AI has made that many people redundant.

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