Jack Dorsey’s fin-tech giant Block is laying off 4,000 workers as it leans on AI to streamline operations, but what exactly does this company do? Let’s find out here.

Block earned some praise for its "relatively generous" severance package. Here is a look at what other Big Tech companies ...

For investors, a wave of layoffs is likely to be a good thing, and layoffs among big tech companies at the end of 2022 and the beginning of 2023 helped spark a recovery in tech stocks. Block may be ...

Block is cutting 4,000 jobs in a sweeping reset that signals a leaner, AI-driven future. Employees affected by the cuts were offered 20 weeks of salary, six months of healthcare coverage, and a $5,000 ...

Block announced it will lay off 40% of its workforce as it shifts focus toward expanding its use of artificial intelligence. CEO Jack Dorsey said the company remains financially strong but believes AI ...

WOW.” “WILD.” “Bloodbath.” As the former head of communications, policy and people at Square, the company now known as Block, ...

I talked to one of the laid-off Block employees. He gave me a sobering warning.

A number of big-name tech companies have announced or are said to be planning layoffs this month, in continuation of a trend we saw in February. March 2025’s most prominent tech layoffs include those ...

OAKLAND — Block, formerly known as Square, has decided to chop 240 jobs at its office hub in Oakland’s Uptown district, according to a WARN letter the tech company sent to the state Employment ...

Block cut more than 4,000 jobs, citing efficiency gains from AI, underscoring how even AI-focused roles are vulnerable in ...

FILE - In this photo illustration, a smartphone displays the logo of Block, Inc. (NYSE: XYZ), an American financial technology company. (Photo illustration by Cheng Xin/Getty Images) Block announced ...