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.

WOW.” “WILD.” “Bloodbath.” As the former head of communications, policy and people at Square, the company now known as Block, ...

Block last week cut 40% of its staff and attributed the layoffs to artificial intelligence, leaving many to wonder whether ...

Block ( XYZ) announced on Thursday that it's slashing its headcount by more than 40% because intelligent technology means fewer people can do more. The company's stock jumped 24% with the news.

Ongoing economic uncertainty is effecting Block’s financials, with growth slowing for Square and Cash App. Bitcoin remains a key strategic focus for the leadership team, as Block works on boosting the ...