Current, former employees say AI cannot replace the thousands of workers made redundant in Block's major restructuring ...

Payments processing company Block is laying off 40% of its 10,000-person staff, CEO Jack Dorsey said in a memo. The tech company, which makes the Square payments product and Cash App, is downsizing ...

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 ...

Block XYZ-1.56%decrease; red down pointing triangle, the payments company founded by Jack Dorsey that includes Square and Cash App, said Thursday that it plans to lay off 40% of its workforce, or more ...

SAN FRANCISCO (KRON) — Block, the fintech company founded by former Twitter CEO, is laying off 8 percent of its staff, according to a report in TechCrunch. The layoffs will impact 931 people. About ...