Block cut 4,000 of its staff in February as part of its AI-driven pivot. A new post by Block's Jack Dorsey has shed light on how the company and others might operate in the future. Block co-founder ...

Senate Democrats voted Saturday to defeat a Republican-sponsored amendment to the SAVE America Act that would prohibit transgender athletes from participating in girls’ or women’s sports, an issue ...

JDK 26 moves to general production availability. This short-term release is backed by six months of Premier-level support. Java Development Kit (JDK) 26, the latest standard Java release from Oracle, ...

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 ...

When Jack Dorsey announced last week that his fintech company Block was laying off 40% of its workforce due to AI, I immediately thought of two other newsmaking tech CEOs: Elon Musk laying off 80% of ...

Block Inc (NYSE: XYZ), the fintech payments company led by Jack Dorsey, announced a massive workforce reduction on Thursday, slashing approximately 40% of its staff as part of a pivot toward AI. The ...

Seven former Block workers say they used AI to varying degrees and weren't convinced it would replace them. CEO Jack Dorsey's decision to cut the workforce in half came as a shock. AI-driven layoffs ...

Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. File- This photo taken Nov. 19, 2015, shows Square ...

BANGKOK — Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000 of its 10,000 plus employees, ...

Billionaire Jack Dorsey’s Block surged in premarket trading on Friday, after he announced the financial tech firm would cut its workforce nearly in half as he anticipates AI to increase efficiency, ...

Feb 27 (Reuters) - Block (XYZ.N), opens new tab shares soared more than 16% on Friday after the fintech firm announced it would nearly halve its workforce as part of an overhaul to embed artificial ...

More than 4,000 employees are expected to lose their jobs as the company embraces new “intelligence tools” that have enabled a significantly smaller team to “do more and do it better,” Dorsey said in ...