It has been nearly five decades since British workstation maker Acorn Computer was founded, and nearly four decades since Acorn RISC Machines – what we have known variously as Arm, Arm Ltd, or Arm ...

Mr. Zamost was the head of communications, policy and people at Square, now known as Block, from 2015 to 2020. See more of our coverage in your search results.Encuentra más de nuestra cobertura en los ...

Software stocks have plunged this year on fears of AI disruption. Block seemed to confirm those fears by announcing mass layoffs as it pivoted AI. Software stocks fell on the news, but it's likely to ...

Seven former Block workers say they used AI to varying degrees and weren't convinced it would replace them. CEO Jack Dorsey's decision to cut the workforce in half came as a shock. AI-driven layoffs ...

Financial tech firm Block’s stock surged as much as 20% in Friday trading after its billionaire CEO Jack Dorsey revealed plans for sweeping layoffs and a full embrace of AI tools. Dorsey, best known ...

Block's stock surged 19% after strong Q4 results and raised guidance, despite cutting 4,000 jobs (40% of its workforce). The company attributes these layoffs to AI tools, aiming for a leaner, ...

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 ...

This is read by an automated voice. Please report any issues or inconsistencies here. Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as ...

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 ...

Shares in Block Inc. surged more than 23% in late trading today after the financial services company announced that it was laying off more than 4,000 people from its approximately 10,000-strong ...

Block (XYZ) stock surged 23% in Thursday after-hours trading after the payment technology company announced that it's cutting its staff by ~40%. Meanwhile, the company issued strong guidance for 2026 ...

Block Inc. (Nasdaq: XYZ), Jack Dorsey's Bitcoin-centric fintech company reported the financial results for Q4 2025 on Feb. 26. The company generated adjusted earnings per share (EPS) of $0.65 on ...