Up to 10% of Block’s workforce is at risk of being cut, according to people familiar with the matter who were granted anonymity to discuss sensitive information. The company had fewer than 11,000 ...

Jack Dorsey's Block plans to lay off 10% of its workforce during performance reviews, with aim to “overhaul” its business, ...

Block has also leaned deeper into cryptocurrencies. In October 2025, it launched Square Bitcoin, which will automatically ...

Feb 7 (Reuters) - Jack Dorsey's fintech Block is considering cutting up to 10% of its workforce during annual performance reviews, Bloomberg News reported on Saturday citing people familiar with the ...

From March 15, 2018, through March 11, 2025, shares of financial technology (fintech) stock Block (XYZ 2.86%) were up less than 1%. Granted, the stock was up more than 400% at one point during this ...

Quarterly results from Block, Affirm and PayPal show that the major U.S. fintechs are converging as they all try to become the go-to digital bank. Block's stock price plummeted after earnings, but CEO ...

Block rose 7% Monday after S&P Global said the fintech company will replace Hess in the S&P 500. Passive funds are expected to buy around 101 million shares ahead of inclusion, according to Stephens.