The fintech company behind Stripe payment processing and other financial services laid off almost half its personnel. Was it ...

Block said Thursday it's laying off more than 4,000 employees, or about half of its head count.

Shares in the financial technology company Block have soared more than 20% in after-hours trading after its CEO announced it ...

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

Block cut 40% of its workforce from a position of strength. Jack Dorsey says most CEOs are next. Here's the three-layer ...

Last week, Block, the company originally founded as payments and hardware company Square, by visionary and former Twitter co-founder Jack Dorsey, announced during their quarterly earnings call that ...

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its ...

Block, the company behind Square, Cashapp and Afterpay, is proactively slashing 40% of its workforce because of advances in AI. Will other companies follow suit? Tech expert Lance Ulanoff tells CNN’s ...

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 is cutting over 4,000 jobs, citing intelligence tools as the driving force behind one of the biggest restructurings in ...