Block initially laid off 4,000 workers to prioritize AI.

The announcement comes just days after Jack Dorsey-led Block Inc. announced it would be slashing nearly 40% of its workforce in a pivot towards AI. ・Crypto exchange Gemini also announced in February ...

The Twitter co-founder says he believes the majority of firms will make similar changes "within the next year." ...

The financial service company's workforce rails against co-founder's 10 percent staff cuts and promotion of AI tools ...

The fintech company behind Square and Cash App is slashing more than 4,000 jobs as AI has made that many people redundant. Wall Street agrees.

"We are joining the list of companies integrating enterprise-wide AI," Crypto.com's CEO wrote, saying companies must "move immediately" on AI.

"Block leadership informed me that my layoff was due to a clerical error," said a Block employee who was previously laid off.

CEO cited AI advances in cutting 4,000 workers, but a weak crypto market and declining stock price may also be at play ...

Jack Dorsey, co-founder of Twitter and CEO of Block, is reshaping his fintech empire with sweeping layoffs, a sharper focus on AI-driven efficiency, and a long-term bet on Bitcoin as he navigates shif ...

He's publicly asking Coinbase's Brian Armstrong to back Bitcoin payments getting the same tax break as stablecoins. Real ...

PM Pacific Standard Time, a 29-year-old software engineer named Jack Dorsey typed seven words into a bare-bones web interface ...