Quick Read Block (NYSE:XYZ) cut 4,000+ employees in February 2026 and posted Q1 2026 adjusted diluted EPS growth of 51.8%, ...

Block's earnings were impressive, but the most important part could be its future AI potential.

A little over two months since Block announced artificial intelligence-driven job cuts that affected nearly half of the company, CEO Jack Dorsey said the impact of the new technology is showing ...

Block cut 4,000 of its staff in February as part of its AI-driven pivot. A new post by Block's Jack Dorsey has shed light on how the company and others might operate in the future. Block co-founder ...

Why now, and why so many people? Those were the two questions whipping around the business world following Block’s shocking announcement that it was slashing 4,000 jobs, or nearly half its workforce.

Last week, Block CEO and ayahuasca enthusiast Jack Dorsey announced that he was cutting 40% of his company’s staff because AI tools have reduced the company’s need for people. While Dorsey called it ...

When Block Inc. laid off nearly half its staff last week, co-founder Jack Dorsey offered a seemingly simple explanation: Artificial intelligence was allowing the company to do more with fewer ...

In Jack Dorsey's view of the world, the job most at risk from the AI revolution is the middle manager. Dorsey argues in a new essay, "From Hierarchy to Intelligence," published with Roelof Botha, ...

Late last month, at an event in Washington, D.C., Andrew Yang delivered a bleak message. “I have bad news, America,” he told the crowd. “The Fuckening is here.” The Fuckening is the name that Yang, a ...

Jack Dorsey and former Sequoia boss Roelof Botha say artificial intelligence could soon take over much of what middle managers do. Given that Block has already announced layoffs amounting to 40% of ...