Block, the payments company founded by Jack Dorsey that includes Square and Cash App, said Thursday that it plans to lay off 40% of its workforce, or more than 4,000 employees. Dorsey alluded to ...

Block, the American tech startup run by Jack Dorsey, has announced its new internal AI coding tool called BuilderBot. As per the company, BuilderBot can work across hundreds of millions of lines of ...

A wave of discontent is building inside Block after chief executive Jack Dorsey credited artificial intelligence in a recent major lay-off that impacted nearly half of its workforce, according to ...

Back in 2015 we looked at an interesting approach to automated construction in the form of a brick-laying robot, capable of putting together full-sized homes in just two days. The engineers behind the ...

Block, the Jack Dorsey-led financial tech company, is laying off 931 workers, according to a memo reported by Techcrunch. The layoffs will affect 240 remote workers in California, according to a state ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Dorsey's move to reduce Block's headcount from more than ...

Block's stock surges 24% as Wall Street rewards massive job cuts at the parent company of Square and the Cash App Jack Dorsey thinks other companies will follow Block with dramatic workforce cuts.