Block Fired 40% of its People. Wall St. Cheered. It’s Just the Start.

Block cut 40% of its workforce from a position of strength. Jack Dorsey says most CEOs are next. Here's the three-layer ...

Inside Block's AI push that ended in pink slips

Laid-off Block employees say they were embracing AI tools in what one called an almost "celebratory" way. Then it replaced them.
Observer

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

Jack Dorsey is cutting thousands of jobs at Block to center the fintech giant on A.I., embedding tools like Goose, Square AI and MoneyBot across products.

Salesforce, Inc. (CRM) Discusses Agentic Enterprise Architecture Evolution and Innovation Transcript

Salesforce, Inc. ( CRM) Discusses Agentic Enterprise Architecture Evolution and Innovation February 27, 2026 11:00 AM EST ...

Block shares spike 20% after Jack Dorsey orders sweeping layoffs to ride AI wave

Financial tech firm Block’s stock surged as much as 20% in Friday trading after its billionaire CEO Jack Dorsey revealed plans for sweeping layoffs and a full embrace of AI tools.

Block Lays Off 40% of Staff Citing AI. CEO Dorsey Says Other Firms Will Make Similar Moves.

Block shares soared after the fintech company announced massive layoffs, as CEO Jack Dorsey warned that most companies would be making similar moves in the next year.

Block to cut workforce by 40%, CEO Jack Dorsey cites AI

Block (XYZ), parent company of Square, Cash App, and AfterPay, is cutting its workforce by 40%. The stock is surging in ...

Asian shares are mixed after Nvidia's losses pull Wall St lower, as AI-linked layoffs rattle markets

Shares are mixed in Asia after the worst day for Nvidia’s stock since last spring dragged the U.S. market lower. U.S. futures ...

Here are Thursday's biggest analyst calls: Nvidia, Apple, Snowflake, Salesforce, Broadcom, Joby & more

Bank of America reiterates Nvidia as buy Bank of America raised its price target on the AI chipmaker to $300 from $275 ...