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

Here's what smart people are saying about Jack Dorsey slashing Block's workforce

Jack Dorsey announced major layoffs at Block, cutting nearly half of its workforce. Dorsey said AI was behind the cuts, and the company's stock rose over 20% in after-hours trading. Tech and VC ...
Engadget

Block, the parent of Square and Cash App, is laying off over 4,000 people

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 ...
The Verge

Jack Dorsey’s Block cuts nearly half of its staff in AI gamble

The company will shrink by more than 4,000 jobs. The company will shrink by more than 4,000 jobs. is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly ...
Reuters

Jack Dorsey’s Block to cut nearly half its workforce in AI overhaul, shares surge

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 ...
CNBC

Block shares soar as much as 24% as company slashes workforce by nearly half

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 ...
CNN

Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same

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 ...
Wired

Inside the Rolling Layoffs at Jack Dorsey’s Block

Workers describe a deteriorating culture at Block, the company behind Square and Cash App, where layoffs continue and employees are expected to use AI tools daily. “Morale is probably the worst I’ve ...
WCBD

Home Team BBQ’s fundraiser: Rock the block with music, food, fun

CHARLESTON, S.C. (WCBD) – Barbeque, live music, and beverages are just some of the fun you can expect at the Home Team BBQ party this weekend – and all for a good cause. Home Team BBQ will host its ...
KENS

Lunar New Year Block Party brings food, music and 60+ local vendors for free community fun

SAN ANTONIO — If your calendar could use a little more joy (and your weekend could use a little more dancing), San Antonio is ringing in the Lunar New Year with a community celebration you won’t want ...
Military Times

Army marks elevation of Futures and Concepts to full command

Lt. Gen. Michael McCurry, commanding general of U.S. Army Futures and Concepts Command, gives a speech during command's activation ceremony at Joint Base Langley-Eustis, Virginia, Feb. 12, 2026.