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 ...

New tools including its custom LLM "goose" gave leaders confidence that smaller teams can now handle “really meaningful bodies of work,” says Block’s CFO and COO Amrita Ahuja.

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

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

Block (XYZ) layoffs have impacted 40% of staff. CFO Amrita Ahuja confirmed that the layoffs were due to artificial ...

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

Block said Thursday it's laying off more than 4,000 employees, or about half of its head count.

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

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 ...