Business Insider

Block employee says the company dangled a 75% pay raise to get her to stay after layoffs — but she decided to quit

Naoko Takeda wrote on LinkedIn that Block offered her a pay bump and retention bonus after its recent layoffs. Takeda said she quit instead. "That's not an honor. It feels shameful and dehumanizing," ...
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 ...
The Guardian

What was really behind Jack Dorsey laying off nearly half of Block’s staff?

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 cited AI as the driving force behind cutting 40% of his company’s ...
Business Insider

Here is how Block's severance package compares to other tech companies in past layoffs

Jack Dorsey's Block is laying off nearly half of its employees, equivalent to about 4,000 jobs. The financial services company has earned some praise for its severance package. Here's how it compares ...
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 ...
Fox Business

Jack Dorsey cuts nearly half of Block workforce amid major AI overhaul

Block on Thursday announced that it will cut nearly half of its workforce as the payments firm works to embed artificial intelligence (AI) throughout its operations. The layoffs will affect over 4,000 ...
Observer

Jack Dorsey Recasts Block as an A.I.-First Company

Jack Dorsey believes A.I. will force most companies to rethink headcount, and he’s acting before the market does. MARCO BELLO/AFP via Getty Images Block, the parent company of Square and Cash App, has ...
Engadget

Block, the parent of Square and Cash App, is laying off over 4,000 people

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 ...
TheStreet.com

Jack Dorsey slashes 40% of Block staff despite rising profits

Block Inc. (Nasdaq: XYZ), Jack Dorsey's Bitcoin-centric fintech company reported the financial results for Q4 2025 on Feb. 26. The company generated adjusted earnings per share (EPS) of $0.65 on ...
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 ...
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 ...
Wired

I Tried H&R Block’s Assisted and DIY Tax Services. Here’s Who’ll Benefit From It

Filing taxes is a pain. Here’s how H&R Block DIY and Assisted performed against other services I tested. I've been through the wringer with my taxes the past couple of years. Last year, I was a ...