Former Williams F1 Academy driver Lia Block united with Ken Block's former co-driver Alex Gelsomino to take on the Sno*Drift ...

Block’s stock surges 20% as Wall Street rewards massive job cuts at the parent company of Square and the Cash App.

Block’s 40% layoffs spark questions about AI’s role and overhiring. Here’s what the data shows about headcount, compliance ...

By Manya Saini and Arasu Kannagi Basil Feb 26 (Reuters) - Block on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul to embed artificial intelligence across ...

Laid-off Block employees say they were embracing AI tools in what one called an almost "celebratory" way. Then it replaced them.

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its ...

Block, the company behind Square, Cashapp and Afterpay, is proactively slashing 40% of its workforce because of advances in AI. Will other companies follow suit? Tech expert Lance Ulanoff tells CNN’s ...

The company said the plan would cost it $450 million to $500 million in expenses and severance.

Block, the parent company of payment apps Square, Cash App and Afterpay, is laying off more than 40 percent of its staff, pointing to recent advancements in AI that are “enabling a new way of working.

The entrepreneur said fewer employees is better in the AI age.