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 ...

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

Block is the latest business to announce layoffs, with the operator of payment platforms Square and Cash App opting to cut jobs in favor of using more AI tools. The financial tech company, helmed by ...

Block reports strong earnings, cuts workforce, and shifts to AI model as analysts say Square stands to benefit most.

Block's Square and Cash App ecosystems have fueled impressive gross profit growth. The company has leaned into high-growth opportunities, like cryptocurrencies and buy now, pay later lending. Block's ...

Jack Dorsey has rebranded his company to Block, that was earlier known as Square. The rebrand won't affect existing activities. Square Inc has now got a new corporate identity. Block is the new ...