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Block has rehired at least four laid-off employees, according to LinkedIn posts. One engineer said he was rehired after his layoff was deemed a "clerical error ...

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Banksy’s infamous artwork “Love Is in the Bin,” which shocked the art world when it partially shredded itself at a 2018 Sotheby’s auction, is heading back under the hammer in London. Footage from ...

Payments company Block announced it’s laying off 40% of its staff. According to Chairman and founder Jack Dorsey: “This decision comes from a position of strength. Intelligence tools have changed what ...

Block, Jack Dorsey's payments company, will cut 4,000 of its 10,000 workers as it embraces AI. CNBC's Steve Sedgwick says it's "time we got better answers" to questions about what jobs the technology ...

Block (XYZ) stock surged 23% in Thursday after-hours trading after the payment technology company announced that it's cutting its staff by ~40%. Meanwhile, the company issued strong guidance for 2026 ...

Block to cut over 4,000 jobs CEO says AI has changed how a company is run Stock surges 25% after market Analysts call cuts a "seminal moment" in AI era Feb 26 (Reuters) - Block (XYZ.N), opens new tab ...

Block said Thursday it's laying off more than 4,000 employees, or about half of its head count. Shares of the payment company skyrocketed as much as 24% in extended trading. It was last seen up nearly ...

Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey. Dorsey thinks ...