Block, Inc., the parent company of Square, Cash App and Afterpay, is cutting nearly 40% of its workforce as part of a strategic shift toward artificial intelligence and automation. The move will ...

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.

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 ...

Block, 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 than 4,000 employees. Dorsey alluded to ...

Jack Dorsey's announcement on Thursday that Block was slashing its workforce nearly in half sent shockwaves through the tech world. Dorsey, Block's CEO and cofounder, said AI was rapidly changing work ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Block Inc., the financial ...

Block, Inc. (NYSE:XYZ) is among the 12 Best Digital Currency and Payments Stocks to Buy Right Now. Bloomberg News, citing sources familiar with the situation, stated on February 8, 2026, that Block, ...