Jack Dorsey’s Block is cutting 4,000 employees, reducing its workforce by nearly half, in a move the financial technology firm is describing as a bet on artificial intelligence changing the future of ...
Block, the payments company founded by Jack Dorsey that includes Square and Cash App, said Thursday that it plans to lay off 40% of its workforce, or more than 4,000 employees. Dorsey alluded to ...
Fintech company Block is shrinking back toward its pre-pandemic size, cutting staff to about 6,000 from a Covid-era peak of over 10,000, compared with just 3,800 in 2019. CEO Jack Dorsey says AI ...
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