BANGKOK — Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000 of its 10,000 plus employees, ...

Jack Dorsey said Block will cut nearly half of its workforce, reducing headcount from more than 10,000 employees to just under 6,000, a move affecting over 4,000 workers. The announcement was shared ...

Filing taxes is a pain. Here’s how H&R Block DIY and Assisted performed against other services I tested. I've been through the wringer with my taxes the past couple of years. Last year, I was a ...

Payments fintech Block is planning another round of layoffs as the company continues to push cost-cutting efforts. Processing Content The layoffs come in tandem with the company's annual performance ...

Jack Dorsey's fintech firm, Block Inc., is reportedly planning significant layoffs, potentially impacting up to 10% of its workforce. This move is part of a broader strategy to merge its Cash App and ...

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Block, Inc. (NYSE:XYZ) is ...

Bitcoin creates a public ledger that records transactions stored in batches called blocks. But what are Bitcoin blocks, and how do they work? In this guide, we’ll explain how Bitcoin records ...

Block is rated hold as it navigates a complex transition toward an autonomous economic platform, with execution risks tempering upside. Despite a $5B stock buyback and GAAP profitability, XYZ's ...

Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.

Shares of Block tumbled 11% in after hours trading on Thursday following the company's third quarter earnings report that missed analysts expectations for revenue and net income. Processing Content ...