Jack Dorsey's Block laid off over 4,000 employees. A select few have been rehired, according to LinkedIn posts.

New tools including its custom LLM "goose" gave leaders confidence that smaller teams can now handle “really meaningful bodies of work,” says Block’s CFO and COO Amrita Ahuja.

Is XYZ a good stock to buy? We came across a bullish thesis on Block, Inc. on PrimeTrading’s Substack by Alex. In this article, we will summarize the bulls’ thesis on XYZ. Block, Inc.’s share was ...

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

Block is the latest business to announce layoffs, with the operator of payment platforms Square and Cash App opting to cut jobs in favor of using more AI tools. The financial tech company, helmed by ...

Block Inc., the Jack Dorsey-led fintech company behind Cash App, Square and Afterpay, is preparing to cut up to 10% of its staff as part of a broader business overhaul, Bloomberg reported Saturday, ...

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 ...

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