Block, Inc., the parent company of Square, Cash App and Afterpay, is cutting nearly 40% of its workforce as part of a strategic shift toward artificial intelligence and automation. The move will ...

SAN FRANCISCO (KRON) — Block, the fintech company founded by former Twitter CEO, is laying off 8 percent of its staff, according to a report in TechCrunch. The layoffs will impact 931 people. About ...

Bloomberg News, citing sources familiar with the situation, stated on February 8, 2026, that Block, Inc. (NYSE:XYZ), Jack Dorsey’s fintech startup, is considering laying off as much as 10% of its ...

Block is slashing over 4,000 jobs, nearly half its workforce, in a single decisive move to boost morale and efficiency. CEO ...

Block, the payments company founded by Jack Dorsey that includes Square and Cash App, said Thursday that it plans to lay off 40% of its workforce, or more than 4,000 employees. Dorsey alluded to ...

Block, the parent company of payment apps Square, Cash App and Afterpay, is laying off more than 40 percent of its staff, pointing to recent advancements in AI that are “enabling a new way of working.

Jack Dorsey's announcement on Thursday that Block was slashing its workforce nearly in half sent shockwaves through the tech world. Dorsey, Block's CEO and cofounder, said AI was rapidly changing work ...

A wave of discontent is building inside Block after chief executive Jack Dorsey credited artificial intelligence in a recent major lay-off that impacted nearly half of its workforce, according to ...

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