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

By Manya Saini and Arasu Kannagi Basil Feb 26 (Reuters) - Block on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul to embed artificial intelligence across ...

Block CEO Jack Dorsey warns of AI's impact on jobs after announcing 40% staff cuts, aiming for a leaner, AI-driven company approach.

Block (XYZ) shares surge 31% after announcing 4,000 job cuts and reporting Q4 gross profit of $2.87B, up 24% YoY. Details on the AI-driven restructuring.

Block Inc (NYSE:XYZ) is reportedly considering a workforce reduction of up to 10%, according to a Bloomberg report that said “hundreds” of employees have been informed their roles may be cut during ...

Block Inc. cuts 40% workforce under Jack Dorsey, shifting to AI, boosting shares despite fintech sector strain and risks.

Block, the Jack Dorsey-led payments group behind Cash App and Square, is reportedly preparing to cut its global headcount by as much as 10%, according to Bloomberg. The company has already told ...

Block (XYZ) stock rallies as Morgan Stanley upgrades to Buy at $93 and Bank of America lifts target to $86 after announcing 40% staff reduction and AI pivot.