Explained: What is Block, the fin-tech company cutting 4,000 jobs in one go

Jack Dorsey’s fin-tech giant Block is laying off 4,000 workers as it leans on AI to streamline operations, but what exactly does this company do? Let’s find out here.

Block Fired 40% of its People. Wall St. Cheered. It’s Just the Start.

Block cut 40% of its workforce from a position of strength. Jack Dorsey says most CEOs are next. Here's the three-layer ...
Observer

Jack Dorsey Cut Half of Block’s Workforce and Wall Street Threw a Party

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