Current, former employees say AI cannot replace the thousands of workers made redundant in Block's major restructuring ...

Block said Thursday it's laying off more than 4,000 employees, or about half of its head count. Shares of the payment company skyrocketed as much as 24% in extended trading. It was last seen up nearly ...

Block, the parent company of Square and the Cash App, is conducting a major reorganization in the age of artificial intelligence, and investors are rewarding the move. The payment-technology company ...

Block XYZ-1.56%decrease; red down pointing triangle, the payments company founded by Jack Dorsey that includes Square and Cash App, said Thursday that it plans to lay off 40% of its workforce, or more ...

Fintech firm, operating CashApp, Square and Tidal, to close nearly 800 open jobs in second such move in just over a year Block, Jack Dorsey’s financial technology company, plans to let go almost 1,000 ...

SAN FRANCISCO (KRON) — Block, the fintech company founded by former Twitter CEO, is laying off 8 percent of its staff, according to a report in TechCrunch. The layoffs will impact 931 people. About ...

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