Block is cutting over 4,000 jobs, citing intelligence tools as the driving force behind one of the biggest restructurings in ...
Block Inc. has announced a new round of layoffs to streamline operations and improve profitability amid ongoing economic ...
Jack Dorsey isn’t wasting any time. The chairman and co-founder of Block is cutting 40% of the payments company’s workforce, or more than 4,000 employees, betting artificial-intelligence tools can ...
Block slashes nearly half its workforce as Jack Dorsey credits AI tools for making thousands of roles redundant. Stock soars 22%.