Bloomberg News, citing sources familiar with the situation, stated on February 8, 2026, that Block, Inc. (NYSE:XYZ), Jack Dorsey’s fintech startup, is considering laying off as much as 10% of its ...
Block said Thursday it's laying off more than 4,000 employees, or about half of its head count. Shares of the payment company skyrocketed as much as 24% in extended trading. It was last seen up nearly ...