The tech entrepreneur said companies need flatter structures and fewer employees to thrive in the AI era.

The trade deal with a South American bloc, which had been in the works for over 25 years, was formally signed in January. It ...

Block, the fintech group headed by Twitter cofounder Jack Dorsey, will cut its workforce by “nearly half” in one of the clearest signs of the sweeping changes AI tools are having on employment.

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

Light, full, and master nodes are crucial to verifying transactions and storing data on a blockchain network. Discover their ...

The CEO's empathetic and transparent tone and a relatively generous layoff package, are gaining respect amid a 40% workforce ...

While Jack Dorsey cites AI-enabled productivity gains as the reason for Block's cuts, the deeper shift is in payments plumbing: stablecoin settlement threatens to compress the fee stack that fintech ...

Jack Dorsey’s Block, the financial tech company that runs Square and the Cash app, is cutting its workforce by “nearly half” ...

On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, Cash App, and Tidal, is cutting more than 4,000 employees, nearly half its global workforce, taking it ...

Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as artificial intelligence disrupts the way people work. The Oakland parent company of ...

Block said the restructuring will cost up to $500 million and be largely completed by mid-2026, as investors embraced the move.

Block, led by CEO Jack Dorsey, is cutting over 4,000 jobs, or nearly half the company. Read Dorsey's memo on the cuts.