About one-fourth of the workers Block cut in its massive February layoff are based in California, according to a document ...

Block's 'audacious' move ignites debate over whether the company is using AI as an excuse to walk back reckless hiring Block is the parent company of Square and the Cash App. Block's stock is ...

Block is accelerating its push to make bitcoin everyday money, with Miles Suter unveiling new payments, rewards, and ...

Block said it expects annual gross profit growth through 2028 to be in the mid-teens, with adjusted operating income climbing about 30% annually. The company also expanded its share repurchase program ...

On November 19, Block Inc. held its first Investor Day in three years. Jack Dorsey, the company’s cofounder, chief executive, and “Block Head,” took to the stage and summarily posed what many ...

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.

Block's stock surged 19% after strong Q4 results and raised guidance, despite cutting 4,000 jobs (40% of its workforce). The company attributes these layoffs to AI tools, aiming for a leaner, ...