Our team of savvy editors independently handpicks all recommendations. If you make a purchase through our links, we may earn a commission. Deals and coupons were accurate at the time of publication ...

Block, which owns payment service Cash App, went from more than 10,000 employees to just under 6,000 Thursday in what Dorsey called “one of the hardest decisions in the history of our company.” “We're ...

Block stock surged after the company said it would axe 40% of employees. It illustrates a tension between markets and the economy outlined in the viral Citrini report. The firm outlined a scenario in ...

(Bloomberg) --Jack Dorsey’s Block is cutting 4,000 employees, reducing its workforce by nearly half, in a move the financial technology firm is describing as a bet on artificial intelligence changing ...

Jack Dorsey has axed thousands of workers at Block, the parent company of Cash App, Square and Afterpay, in a move signaling a major shift toward artificial intelligence. In a note to staff, Dorsey ...

Twitter co-founder Jack Dorsey says his technology firm Block is laying off almost half its workforce because artificial intelligence (AI) "fundamentally changes what it means to build and run a ...

Jack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes. On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, ...

Shares of Block are surging in after-hours as the company said it will cut more than 4,000 employees. Block, Inc. will cut more than 4,000 employees, reducing its workforce by nearly half as the ...

Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey. Dorsey thinks ...

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its top executive said. By Natallie Rocha Reporting from San Francisco Block, ...

WASHINGTON — The U.S. Senate voted Thursday to block the DC Council's decision to divorce from some of the tax breaks included in President Donald Trump's One Big Beautiful bill. The 49-47 vote ...