"Today we shared a difficult decision with our team," Jack Dorsey, Block's co-founder and CEO, wrote in a letter to ...
Block (XYZ) shares surge 31% after announcing 4,000 job cuts and reporting Q4 gross profit of $2.87B, up 24% YoY. Details on the AI-driven restructuring.
Q4 2025 earnings call: layoffs, AI pivot, Cash App & Square growth, raised 2026 guidance, buybacks & risks—read key takeaways now.
Block Inc (NYSE:XYZ) is reportedly considering a workforce reduction of up to 10%, according to a Bloomberg report that said “hundreds” of employees have been informed their roles may be cut during ...
Block, the Jack Dorsey-led payments group behind Cash App and Square, is reportedly preparing to cut its global headcount by as much as 10%, according to Bloomberg. The company has already told ...