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When the bombs hit in Iran, I thought of Jack Dorsey. In 2009, he and I were both part of a contingent of technology people sent by the US State Department to Baghdad, in the wake of another ...

In September, payments firm Block Inc.XYZ-4.15%decrease; red down pointing triangle gathered 8,000 of its employees from around the globe to California for an extravaganza celebrating the company’s ...

Jack Dorsey's Block is laying off nearly half of its employees, equivalent to about 4,000 jobs. The financial services company has earned some praise for its severance package. Here's how it compares ...

(KRON) — Block stock soared almost 24% in after-hours trading Thursday after the company’s CEO Jack Dorsey announced the fintech company was laying off nearly half its staff. The massive layoffs, ...

Payments company Block announced it’s laying off 40% of its staff. According to Chairman and founder Jack Dorsey: “This decision comes from a position of strength. Intelligence tools have changed what ...

The CEO of Block, Inc., announced layoffs of about half its workforce on Feb. 26, citing AI as the reason for the large cuts and warning the tech industry of a larger push towards AI. Jack Dorsey, CEO ...

Jack Dorsey believes A.I. will force most companies to rethink headcount, and he’s acting before the market does. MARCO BELLO/AFP via Getty Images Block, the parent company of Square and Cash App, has ...

Prefer Newsweek on Google to see more of our trusted coverage when you search. In a lengthy note shared on X, the Block co‑founder said the company will shrink from more than 10,000 employees to just ...

Jack Dorsey is one of the most consequential entrepreneurs of his generation. When someone with that track record says A.I. is about to reshape every company in America, and then proves he means it by ...