The New York Times

I Worked for Block. Its A.I. Job Cuts Aren’t What They Seem.

Mr. Zamost was the head of communications, policy and people at Square, now known as Block, from 2015 to 2020. See more of our coverage in your search results. Add The New York Times on Google The ...
CNBC

Opinion: Block's layoffs might just be the biggest story of a tumultuous week. Here's why

Block, Jack Dorsey's payments company, will cut 4,000 of its 10,000 workers as it embraces AI. CNBC's Steve Sedgwick says it's "time we got better answers" to questions about what jobs the technology ...
Business Insider

Here's what smart people are saying about Jack Dorsey slashing Block's workforce

Jack Dorsey announced major layoffs at Block, cutting nearly half of its workforce. Dorsey said AI was behind the cuts, and the company's stock rose over 20% in after-hours trading. Tech and VC ...
Los Angeles Times

Block to cut more than 4,000 jobs amid AI disruption of the workplace

This is read by an automated voice. Please report any issues or inconsistencies here. Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as ...
Engadget

Block, the parent of Square and Cash App, is laying off over 4,000 people

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 ...
Reuters

Jack Dorsey’s Block to cut nearly half its workforce in AI overhaul, shares surge

Block to cut over 4,000 jobs CEO says AI has changed how a company is run Stock surges 25% after market Analysts call cuts a "seminal moment" in AI era Feb 26 (Reuters) - Block (XYZ.N), opens new tab ...
Bitcoin Magazine

Block (XYZ) Surges 25% After Slashing Workforce by Over 40% and Raising Profit Outlook

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 ...
SFGate

Jack Dorsey lays off 4,000, says others will do same 'within the next year'

Oakland-based Block, the Jack Dorsey-run tech giant behind Square and Cash App, is laying off almost half its sprawling workforce — and Dorsey delivered the news with a giant warning for the rest of ...
CNN

Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same

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 ...
Wired

Inside the Rolling Layoffs at Jack Dorsey’s Block

Workers describe a deteriorating culture at Block, the company behind Square and Cash App, where layoffs continue and employees are expected to use AI tools daily. “Morale is probably the worst I’ve ...
Gizmochina

Big Snapdragon 8 Elite Gen 6 leak reveals block diagram months ahead of launch

Among the two rumored flavors, Qualcomm is expected to bring LPDDR6 RAM and a full-fledged GPU for only the Snapdragon 8 Elite Gen 6 Pro. A newly leaked block diagram now suggests the Pro chip may ...