Jack Dorsey outlines how AI will change Block's org chart — and replace managers with 'player-coaches'

Jack Dorsey and Roelof Botha outlined Block's AI future one month after its sweeping 40% layoffs. Block will be a "mini-AGI," ...

Jack Dorsey Just Laid Off Nearly Half of Block’s Employees, Citing AI. Wall Street Is Cheering the Layoffs

Wall Street is excited for Block to move forward with fewer humans and more AI. The Jack Dorsey-led company announced it will cut more than 4,000 employees, or about half its workforce, and investors ...
Yahoo Finance

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 ...
CNBC

H&R Block online review 2026: Free federal and state filing, 1000s of in-person locations

H&R Block's DIY tax-filing platform has garnered a huge following for its straightforwardness and affordability. The easy-to-use interface prompts users with questions to determine which tier is right ...
Morningstar

Block says AI will let it cut more than 4,000 jobs. Some argue that's not the whole story.

Block's 'audacious' move ignites debate over whether the company is using AI as an excuse to walk back reckless hiring Block is the parent company of Square and the Cash App. Block's stock is ...
24/7 Wall St.

Block Jumps 6% as Strong Q4 Results, Job Cuts, Analyst Upgrades Reignite Investor Interest

Block (NYSE:XYZ) stock is surging today, up roughly 6% in Wednesday trading after a confluence of catalysts reignited ...