24/7 Wall St. on MSN

Block’s 40% layoffs will drive 62% earnings growth: ‘If you don’t have time to use AI, you don’t have a job’

Quick Read Block (NYSE:XYZ) cut 4,000+ employees in February 2026 and posted Q1 2026 adjusted diluted EPS growth of 51.8%, ...
VentureBeat

Jack Dorsey's Block cuts 40% of staff, 4,000+ people — and yes, it's because of AI efficiencies

Former Twitter co-founder Jack Dorsey's new company Block — the parent of merchants payment system Square, mobile peer-to-peer payments Cash App, music streamer Tidal, and open source AI orchestration ...
CoinTelegraph

Dorsey shares AI-integrated workplace vision weeks after Block’s 40% staff cut

Block cut 4,000 of its staff in February as part of its AI-driven pivot. A new post by Block's Jack Dorsey has shed light on how the company and others might operate in the future. Block co-founder ...

Block Earnings Show How the Company Is Leaning Into AI As a Catalyst for Its Business

Block's earnings were impressive, but the most important part could be its future AI potential.
VentureBeat

Softr launches AI-native platform to help nontechnical teams build business apps without code

Softr, the Berlin-based no-code platform used by more than one million builders and 7,000 organizations including Netflix, Google, and Stripe, today launched what it calls an AI-native platform — a ...
CoinDesk

Jack Dorsey says AI should replace the middle manager after Block cuts 4,000 jobs

In Jack Dorsey's view of the world, the job most at risk from the AI revolution is the middle manager. Dorsey argues in a new essay, "From Hierarchy to Intelligence," published with Roelof Botha, ...