TechCrunch

DeleteMe acquires social media security tool Block Party

Block Party founder Tracy Chou announced on Wednesday that the company has been acquired by DeleteMe, an online personal data removal service. A software engineer and advocate for diversity in tech, ...
The New York Times

I Worked for Block. Its A.I. Job Cuts Aren’t What They Seem.

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 ...
Forbes

Block Lays Off 40% Of Staff And Blames It On AI. Don’t Buy The Excuse.

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 ...
CNBC

Opinion: Block's layoffs might just be the biggest story of a tumultuous week. Here's why

Block, Jack Dorsey's payments company, will cut 4,000 of its 10,000 workers as it embraces AI. CNBC's Steve Sedgwick says it's "time we got better answers" to questions about what jobs the technology ...
MarketWatch

Block plans to lay off nearly half its staff in ‘deliberate and bold’ embrace of AI

Block, the parent company of Square and the Cash App, is conducting a major reorganization in the age of artificial intelligence, and investors are rewarding the move. The payment-technology company ...
Los Angeles Times

Block to cut more than 4,000 jobs amid AI disruption of the workplace

This is read by an automated voice. Please report any issues or inconsistencies here. Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as ...
Business Insider

Jack Dorsey says he's cutting nearly half of his staff — 4,000 jobs — at Block. Read the memo.

Block is letting go of over 4,000 employees, cutting the company nearly in half, cofounder and CEO Jack Dorsey said Thursday. "I had two options: cut gradually over months or years as this shift plays ...
Reuters

Jack Dorsey’s Block to cut nearly half its workforce in AI overhaul, shares surge

Block to cut over 4,000 jobs CEO says AI has changed how a company is run Stock surges 25% after market Analysts call cuts a "seminal moment" in AI era Feb 26 (Reuters) - Block (XYZ.N), opens new tab ...
CNN

Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same

Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey. Dorsey thinks ...
The New York Times

Block Cuts 40% of Its Work Force Because of Its Embrace of A.I.

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its top executive said. By Natallie Rocha Reporting from San Francisco Block, ...
Wired

Inside the Rolling Layoffs at Jack Dorsey’s Block

Workers describe a deteriorating culture at Block, the company behind Square and Cash App, where layoffs continue and employees are expected to use AI tools daily. “Morale is probably the worst I’ve ...