Block earned some praise for its "relatively generous" severance package. Here is a look at what other Big Tech companies ...

Staffers within KTLA have detailed a climate of fear within the Los Angeles station since bosses fired a key group of prominent on-air talent.

Laid-off Block employees say they were embracing AI tools in what one called an almost "celebratory" way. Then it replaced them.

Jack Dorsey, CEO and co-founder of Block, announced in a letter to shareholders that the Oakland-based financial company was ...

Shares in the financial technology company Block have soared more than 20% in after-hours trading after its CEO announced it ...

Jack Dorsey is one of the most consequential entrepreneurs of his generation. When someone with that track record says A.I.

Block shares soared after the fintech company announced massive layoffs, as CEO Jack Dorsey warned that most companies would be making similar moves in the next year.

Block, the company behind Square, Cashapp and Afterpay, is proactively slashing 40% of its workforce because of advances in AI. Will other companies follow suit? Tech expert Lance Ulanoff tells CNN’s ...

The all-lowercase public letter to staff elaborates on why Dorsey slashed headcount at the fintech company by thousands—to ...

Block’s 40% layoffs spark questions about AI’s role and overhiring. Here’s what the data shows about headcount, compliance ...

Block, Jack Dorsey's payments company, will cut 6,000 of its 10,000 workers as it embraces AI. CNBC's Steve Sedgwick says it's the biggest story of the week.

"Today we shared a difficult decision with our team," Jack Dorsey, Block's co-founder and CEO, wrote in a letter to shareholders. "We're reducing Block by nearly half, from over 10,000 people to just ...