The financial service company’s workforce rails against co-founder’s 10 percent staff cuts and promotion of AI tools ...
Workers describe a deteriorating culture at Block, the company behind Square and Cash App, where layoffs continue and ...
Jack Dorsey's Cash App launches a zero-fees feature.
Dorsey then reportedly uses generative AI to summarize his staffers’ emails. During the all-hands meeting, he noted that ...
Block employees, including those at Square and Cash App, are reportedly experiencing heightened performance pressure and ...
Jack Dorsey‘s Block Inc. XYZ is reportedly telling its employees about potential job cuts during its annual performance review amid broader restructuring. The fintech company is targeting 10% of its ...
Jack Dorsey's financial services company, Block, is experiencing significant internal issues as it forces employees to use AI, leading to layoffs and plummeting morale.
The cuts come less than a year after the company laid off 931 employees in March 2025, and ahead of its Q4 earnings report on Feb. 26.
During Block’s third-quarter earnings call, Dorsey said the firm is “really excited” about the rollout next week. “It's going to be available to everyone, and they just have to make a simple switch in ...
Block Inc. (XYZ) saw a sharp uptick in retail trader interest on Monday after it was selected to replace Hess Corp. in the S&P 500 index. Shares of the Jack Dorsey-led fintech firm jumped more than ...