The data scientist says the company ‘shoved AI down everyone’s throats,’ yet she saw ‘very limited gains in productivity.’ ...

In an exclusive interview with WIRED, Block’s cofounder and CEO says he axed 40 percent of his workforce so that he can ...

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

The fintech company behind Stripe payment processing and other financial services laid off almost half its personnel. Was it ...

"I saw my company discard half of my peers and double my pay," the former Block employee wrote. "That's not an honor. It feels shameful." ...

The texts poured in. “WOW.” “WILD.” “Bloodbath.” As the former head of communications, policy and people at Square, the company now known as Block, I knew what those messages meant without having seen ...

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

Former Block employees congregate in an unaffiliated Slack group to share support, find new jobs, and trade memes. It's grown since recent layoffs.

Jack Dorsey, CEO and co-founder of Block, announced in a letter to shareholders that the Oakland-based financial company was laying off more than 4,000 employees, or about 40% of its workforce. Block ...

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its ...

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 ...