In an exclusive interview with WIRED, Block’s cofounder and CEO says he axed 40 percent of his workforce so that he can ...

The data scientist says the company ‘shoved AI down everyone’s throats,’ yet she saw ‘very limited gains in productivity.’ ...

Last week, Block CEO and ayahuasca enthusiast Jack Dorsey announced that he was cutting 40% of his company’s staff because AI ...

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

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

Shares in the financial technology company Block have soared more than 20% in after-hours trading after its CEO announced it ...

Former Block employees congregate in an unaffiliated Slack group to share support, find new jobs, and trade memes. It's grown since recent layoffs.

Jack Dorsey, CEO and co-founder of Block, announced in a letter to shareholders that the Oakland-based financial company was laying off more than 4,000 employees, or about 40% of its workforce. Block ...

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its ...

By Manya Saini and Arasu Kannagi Basil Feb 26 (Reuters) - Block on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul to embed artificial intelligence across ...