Q&A with Block CEO Jack Dorsey on laying off 40% of the company's workers, wanting Block to “feel like a mini AGI”, his take on Elon Musk's X, and more
Q&A with Block CEO Jack Dorsey on laying off 40% of the company's workers, wanting Block to “feel like a mini AGI”, his take on Elon Musk's X, and more
In an exclusive interview with WIRED, Block's cofounder and CEO says he axed 40 percent of his workforce so that he can rebuild the company “as an intelligence.”
Block is a poster child for the lack of operational discipline common among mid-tier public tech companies that lived on the largesse of cloud, mobile, and ZIRP
Jack Dorsey, CEO of Block (the company formerly known as Square), went on X (the company formerly known as Twitter …
Block's plan to lay off over 4,000 employees, citing AI work automation, adds to growing angst among white-collar workers over AI's potential for job disruption
Layoffs at Block add to growing backlash bubbling up across American companies; ‘It brings out the pitchforks’
Block says it is laying off 4,000+ of its 10,000+ employees, saying AI tools have changed “what it means to build and run a company”; XYZ jumps 15%+
Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.
Block says it is laying off more than 4,000 of its 10,000+ employees; XYZ jumps 19%+ in extended trading
Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount. The stock skyrocketed more than 24% in extended trading.
Q&A with Square Head of Product Willem Avé on Block's restructuring in 2024, AI automation, investing in crypto, Lightning, working for Jack Dorsey, and more
Nilay Patel / The Verge :
S&P Global says Block will join the S&P 500 on July 23, after announcing Monday that ad tech firm The Trade Desk will also be added; XYZ jumps 9%+ after hours
Block shares jumped more than 10% in extended trading on Friday, as the fintech company get set to join the S&P 500, replacing Hess.
Jack Dorsey invests $10M in “and Other Stuff”, a nonprofit focused on funding open-source projects and tools built on open protocols like Nostr and ActivityPub
Twitter co-founder and Block CEO Jack Dorsey isn't just vibe-coding new social apps, like Bitchat and Sun Day …
CFPB announces a $175M settlement with Block, including $120M in refunds to consumers, saying Cash App allowed rampant fraud while misleading its customers
The company blamed “unprecedented growth during the pandemic.” 🤔 — fortune.com/2025/01/16/j... Justin Maxwell / @303 : hooray — got scammed 2x on cashapp a while back (before venmo had paypal's G...