Block sees lowest interest from short sellers in March among crypto firms with over $2B market cap

Among crypto stocks with a market cap of more than $2B, application software firms witnessed the highest short interest in the previous month. CleanSpark ( CLSK) continued to lead the list with short ...

Block Craft Beer + Kitchen to open in a former Device Brewing space in Sacramento

Block Craft Beer + Kitchen will be at 7485 Rush River Drive, Suite 650, in the former Device Brewing Co. space.
Los Angeles Times

AI-washing: How companies like Block may use AI as a layoff excuse

When Block Inc. laid off nearly half its staff last week, co-founder Jack Dorsey offered a seemingly simple explanation: Artificial intelligence was allowing the company to do more with fewer ...
Business Insider

Here is how Block's severance package compares to other tech companies in past layoffs

Jack Dorsey's Block is laying off nearly half of its employees, equivalent to about 4,000 jobs. The financial services company has earned some praise for its severance package. Here's how it compares ...
Forbes

Block Lays Off 40% Of Staff And Blames It On AI. Don’t Buy The Excuse.

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 ...
Business Insider

Jack Dorsey says Block overhired during COVID, but to blame layoffs on that alone 'misses all the complexity'

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Morningstar

Block says AI will let it cut more than 4,000 jobs. Some argue that's not the whole story.

Block's 'audacious' move ignites debate over whether the company is using AI as an excuse to walk back reckless hiring Block is the parent company of Square and the Cash App. Block's stock is ...
Los Angeles Times

Block to cut more than 4,000 jobs amid AI disruption of the workplace

This is read by an automated voice. Please report any issues or inconsistencies here. Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as ...
SiliconANGLE

Block rallies after Dorsey slashes 40% of workforce in AI-native reset as earnings top estimates

Shares in Block Inc. surged more than 23% in late trading today after the financial services company announced that it was laying off more than 4,000 people from its approximately 10,000-strong ...
MarketWatch

Block plans to lay off nearly half its staff in ‘deliberate and bold’ embrace of AI

Block, the parent company of Square and the Cash App, is conducting a major reorganization in the age of artificial intelligence, and investors are rewarding the move. The payment-technology company ...
Seeking Alpha

Block stock soars 20%+ after slashing headcount, delivering strong 2026 guidance

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 ...
TheStreet.com

Jack Dorsey slashes 40% of Block staff despite rising profits

Block Inc. (Nasdaq: XYZ), Jack Dorsey's Bitcoin-centric fintech company reported the financial results for Q4 2025 on Feb. 26. The company generated adjusted earnings per share (EPS) of $0.65 on ...