Jack Dorsey, CEO and co-founder of Block, announced in a letter to shareholders that the Oakland-based financial company was ...

The Block CEO says a structural misstep and pandemic-era overhiring were factors in big cuts at the firm this week.

Jack Dorsey is cutting thousands of jobs at Block to center the fintech giant on A.I., embedding tools like Goose, Square AI and MoneyBot across products.

The pizza chain identified roughly 300 franchise locations operating at a loss. Most sales are expected to shift to nearby ...

Block cuts 4,000 jobs as Jack Dorsey pivots to an AI-driven model despite rising profits, signaling a broader tech shift toward smaller AI-powered teams.

Dorsey said he expects other companies to reduce their workforces as “intelligence tools” increase efficiency.

NEW YORK (AP) — U.S. stocks sank Friday as Wall Street kept punishing companies that could become losers in the ...

The S&P 500 and Nasdaq finished in the red for February amid growing fears about the impact of artificial intelligence on the ...

The founder of Twitter has cut 4,000 roles at his tech company, in what is believed to be the deepest round of job cuts in US stock market history. Jack Dorsey confirmed plans to axe nearly half of ...

After announcing sweeping job cuts, Block outlines its shift toward leaner operations and higher productivity goals, as Jack Dorsey addresses pandemic-era expansion, restructuring efforts, and renewed ...

Matic opens its season on Saturday, February 28th at Florence Speedway with the second running of the” Zach Brewer Memorial.” ...