Block lays off nearly half its staff because of AI. Its CEO ...
16 hours ago · 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.
Jack Dorsey's Block cuts thousands of roles as it embraces AI
14 hours ago · Twitter co-founder Jack Dorsey says his technology firm Block is laying off almost half its workforce because artificial intelligence (AI) "fundamentally changes what it means to build and run a ...
Jack Dorsey Bets Block’s Future On AI, Cuts Nearly Half Its ...
4 hours ago · The Numbers Block’s Q4 2025 results, reported alongside the layoff announcement, gave Dorsey the credibility to frame the cuts as strategic rather than desperate.
Block laying off about 4,000 employees, nearly half of its ...
17 hours ago · Block said Thursday it's laying off more than 4,000 employees, or about half of its head count. Shares of the payment company skyrocketed as much as 24% in extended trading.
Jack Dorsey's Block axes 'nearly half' of workforce in ...
12 hours ago · In a note to staff, Dorsey explained that Block would be taking on risk by investing in 'intelligence tools,' as the company cut more than 4,000 employees on Thursday.
Jack Dorsey just halved the size of Block's employee base ...
15 hours ago · On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, Cash App, and Tidal, is cutting more than 4,000 employees, nearly half its global …
Jack Dorsey fires nearly half the staff at Block as he goes ...
11 hours ago · Twitter co-founder Jack Dorsey has fired nearly half the staff at his financial technology company, Block, as he goes fully in on artificial intelligence.