When fintech company Block laid off 40% off its workforce last week, CEO Jack Dorsey explained the decision in a memo to employees that he also shared on social media. He was eliminating more than ...

Block (NYSE:XYZ) stock is surging today, up roughly 6% in Wednesday trading after a confluence of catalysts reignited ...

Financial tech firm Block’s stock surged as much as 20% in Friday trading after its billionaire CEO Jack Dorsey revealed plans for sweeping layoffs and a full embrace of AI tools. Dorsey, best known ...

Block's 'audacious' move ignites debate over whether the company is using AI as an excuse to walk back reckless hiring Block is the parent company of Square and the Cash App. Block's stock is ...

This is read by an automated voice. Please report any issues or inconsistencies here. Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as ...

Block shares were on track for their second-worst day, plunging more than 20% after a brutal quarterly report and a wave of analyst downgrades. Analysts flagged fresh concerns around stagnant Cash App ...

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 ...

Block’s stock fell by 20% after its first quarter earnings call and is 25% below where it was five years ago. Now CEO Jack Dorsey is trying everything from traditional sales reps to bitcoin mining ...

Block has laid off 931 workers, which make up around eight percent of its entire staff, according to TechCrunch and The Guardian. The publications have viewed an email, wherein the financial ...

Block's stock fell after weak third-quarter earnings fell short of Wall Street expectations. The firm showed slowing gross profit growth for Square, despite higher gross profit volume. Block shares ...

On November 19, Block Inc. held its first Investor Day in three years. Jack Dorsey, the company’s cofounder, chief executive, and “Block Head,” took to the stage and summarily posed what many ...