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

"Today we shared a difficult decision with our team," Jack Dorsey, Block's co-founder and CEO, wrote in a letter to ...

Block says AI will allow it to 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 cuts about half its workforce — how to move forward after a mass layoff, career experts say

Block, Amazon and CrowdStrike have recently announced significant job cuts. Mass layoffs can create unique financial and career challenges for workers.

Block stock climbs 13% after massive headcount cut

Block (XYZ) stock jumps on strong Q4 earnings, 40% headcount cut, and higher 2026 guidance. See analyst takes on AI impact, ...

Block: A Bombshell 40% Workforce Cut Sparks A New AI Rally

Block, Inc.'s Q4 beats and strong 2026 guidance support a buy case; see valuation upside to ~$92 plus key risks (competition, ...