Block Fired 40% of its People. Wall St. Cheered. It’s Just the Start.

Block cut 40% of its workforce from a position of strength. Jack Dorsey says most CEOs are next. Here's the three-layer framework every board needs before that happens.

Block’s Huge Layoff Shows An Ugly Future For Workers

The fintech company behind Stripe payment processing and other financial services laid off almost half its personnel. Was it ...

Block shares soar as much as 24% as company slashes workforce by nearly half

Shares of the payment company skyrocketed as much as 24% in extended trading. It was last seen up nearly 18% in Friday's ...

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

WOW.” “WILD.” “Bloodbath.” As the former head of communications, policy and people at Square, the company now known as Block, ...

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 ...