Engadget

Block, the parent of Square and Cash App, is laying off over 4,000 people

Block is the latest business to announce layoffs, with the operator of payment platforms Square and Cash App opting to cut jobs in favor of using more AI tools. The financial tech company, helmed by ...

Better growth and an attractive valuation make Block a buy, says Truist

Improving momentum alongside a cheaper valuation could drive upside for shares of Block , according to Truist Securities. The ...
MarketWatch

Block plans to lay off nearly half its staff in ‘deliberate and bold’ embrace of AI

Block, the parent company of Square and the Cash App, is conducting a major reorganization in the age of artificial intelligence, and investors are rewarding the move. The payment-technology company ...
New York Post

Jack Dorsey’s chilling warning about job apocalypse – as he cuts 4,000

Twitter co-founder Jack Dorsey is axing more than 4,000 employees at his fintech company Block — slashing the workforce by nearly half in what he called a necessary shift toward ‘intelligence tools.’ ...

Block, Inc. (XYZ) Presents at Wolfe Research FinTech Forum Transcript

Wolfe Research FinTech Forum March 10, 2026 3:55 PM EDTCompany ParticipantsOwen Jennings - Business LeadConference Call ...
Forbes

Jack Dorsey Bets Block’s Future On AI, Cuts Nearly Half Its Workforce

MIAMI, FLORIDA - JUNE 04: Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square speaks on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at ...

Is Block, Inc. (XYZ) A Good Stock To Buy Now?

Is XYZ a good stock to buy? We came across a bullish thesis on Block, Inc. on PrimeTrading’s Substack by Alex. In this article, we will summarize the bulls’ thesis on XYZ. Block, Inc.’s share was ...
VentureBeat

Jack Dorsey's Block cuts 40% of staff, 4,000+ people — and yes, it's because of AI efficiencies

Former Twitter co-founder Jack Dorsey's new company Block — the parent of merchants payment system Square, mobile peer-to-peer payments Cash App, music streamer Tidal, and open source AI agentic ...
Seattle Times

Block Cuts 40% of Its Workforce Because of Its Embrace of AI

SAN FRANCISCO — Block, the financial technology company that owns Square, Cash App and Tidal, said Thursday that it was cutting 40% of its workforce as it embraced new artificial intelligence tools.
AOL

Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same

Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey. Dorsey thinks ...
AOL

Block laying off 40 percent of staff, citing AI advancements

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.