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

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

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

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 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 ...

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.

The core thesis is simple. Intelligence tools have changed what it means to build and run a company,' CEO Jack Dorsey said in a letter to shareholders of the financial tech firm.

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

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

"Today we shared a difficult decision with our team," Jack Dorsey, Block's co-founder and CEO, wrote in a letter to ...

Four young men were arrested Wednesday morning in relation to a Dec. 29 incident where the occupants of one car fired some 19 shots at another, leading to a crash on Interstate 95 in Providence.