The CEO said he cut the company’s workforce by 4,000 people – almost in half – because of gains in AI productivity ...

The possibility that companies are spinning employees and investors and using AI as a shiny excuse for ugly layoffs has ...

Laid-off Block employees say they were embracing AI tools in what one called an almost "celebratory" way. Then it replaced ...

Last week, Block CEO and ayahuasca enthusiast Jack Dorsey announced that he was cutting 40% of his company’s staff because AI ...

In a ‘New York Times’ opinion piece, former Block executive Aaron Zamost argues that artificial intelligence may be serving ...

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 ...

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

From artificial intelligence to fatalities from music streaming to the effects of immigrants on elderly health care, the Planet Money newsletter rounds up some interesting new economic studies.

Block last week cut 40% of its staff and attributed the layoffs to artificial intelligence, leaving many to wonder whether ...

The Twitter co-founder says artificial intelligence "fundamentally changes what it means to build and run a company." ...

Oakland-based Block Inc. is set to layoff over 4,000 employees and its CEO cited AI as the reason.

Block delivered a strong Q4 '25, beating top-line expectations and driving shares up 24% after announcing a 40% workforce reduction. See why XYZ stock is a Buy.