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-led Block has cut over 4,000 jobs, or nearly half its workforce, amid an AI boom. The Twitter co-founder said ...

The company said the plan would cost it $450 million to $500 million in expenses and severance.

The fintech company behind Square and Cash App is slashing more than 4,000 jobs as AI has made that many people redundant.

Jack Dorsey fires nearly half the staff at Block as he goes fully in on AI - Block, which owns payment service Cash App, went ...

Block has cut 40% of its workforce. Here’s how the restructuring could reshape Jack Dorsey’s Bitcoin strategy, Cash App’s ...

Twitter co-founder Jack Dorsey is axing more than 4,000 employees at his fintech company Block — slashing the workforce by nearly half in what he called a necessary shift toward ‘intelligence tools.’ ...

Jack Dorsey's Block reports earnings and fires 40% staff.

As Jack in the Box struggles with its share value and same-store sales, an activist investor is fighting for a change in ...

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 ...