Block, Inc. (XYZ) just delivered a "good" quarter, and the stock is up over 15% following news of a historic 40% headcount reduction. Yes, gross profit accelerated, and there is some encouraging news ...

Block is rated hold as it navigates a complex transition toward an autonomous economic platform, with execution risks tempering upside. Despite a $5B stock buyback and GAAP profitability, XYZ's ...

It was the combination of "layoffs" and "artificial intelligence" that stoked broader concern for an AI-driven shock to the labor market, leaving many to wonder whether Jack Dorsey's payments company ...

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 ...

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 ...

Mr. Zamost was the head of communications, policy and people at Square, now known as Block, from 2015 to 2020. See more of our coverage in your search results.Encuentra más de nuestra cobertura en los ...

Whether you are paying your dogsitter or a food truck vendor, Block is there to facilitate those transactions through Cash App and the Square credit card reader. Unfortunately for shareholders, its ...

PayPal reported fourth-quarter 2025 revenue of $8.68 billion, up 4% year over year but missing the analyst consensus estimate of $8.80 billion. The Venmo parent also posted adjusted earnings per share ...

Block's Q1 2026 gross profit jumped 27.1%, led by Cash App growth of 38.3%. Square expanded merchant reach with new franchise wins and drive-thru commerce solutions. UPST's Q1 2026 revenues rose 44% ...

The company's latest financial results were masked by a massive round of layoffs. CEO Jack Dorsey announced that Block would be letting go of more than 4,000 employees, going "from over 10,000 people ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Jack Dorsey took a "hard, clear action" when he laid off over 4,000 employees. A select few say ...