This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today. Dennis Block, a prominent Los Angeles ...

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 ...

Twitter co-founder Jack Dorsey is axing more than 4,000 employees at his fintech company Block — slashing the workforce by nearly half in what he called a necessary shift toward ‘intelligence tools.’ ...

We may receive a commission on purchases made from links. Block is the latest business to announce layoffs, with the operator of payment platforms Square and Cash App opting to cut jobs in favor of ...

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 ...

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 ...

Block said Thursday it's laying off more than 4,000 employees, or about half of its head count. Shares of the payment company skyrocketed as much as 24% in extended trading. It was last seen up nearly ...

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 ...

Google says it has started enforcing its YouTube Premium requirement for background playback on mobile. Google says it has started enforcing its YouTube Premium requirement for background playback on ...

Key insight: Passive, real-time call fraud scoring reduced fraud exposure and improved member experience for MSUFCU. Expert quote: Fraud strategist Frank McKenna said humans can't reliably detect ...