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

"I saw my company discard half of my peers and double my pay," the former Block employee wrote. "That's not an honor. It ...

The texts poured in. “WOW.” “WILD.” “Bloodbath.” As the former head of communications, policy and people at Square, the ...

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

Block beat views on growth in its consumer lending unit as writeoffs soared. With 40% of workers out, can AI replace them? If ...

"Today we shared a difficult decision with our team," Jack Dorsey, Block's co-founder and CEO, wrote in a letter to ...

"This isn’t an AI story. It's organizational bloat wearing an AI costume." The post Jack Dorsey Isn’t Telling the Real Story ...

Block, the company behind Square, Cashapp and Afterpay, is proactively slashing 40% of its workforce because of advances in ...

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

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

Block, the parent company of payment apps Square, Cash App and Afterpay, is laying off more than 40 percent of its staff, ...