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Bitcoin pioneer Jack Dorsey wants 50% staff cut to feel “awkwardly human” as AI-era reset begins at Block
Block shares jumped more than 20% in premarket trading after CEO Jack Dorsey told employees the company will cut more than 4,000 roles and reorganize around an “AI-era” operating model. The reduction takes Block from more than 10,000 employees to just under 6,000 (“nearly half,” in Dorsey’s wording), while the company’s 8-K describes a “Workforce […] The post Bitcoin pioneer Jack Dorsey wants 50% staff cut to feel “awkwardly human” as AI-era reset begins at Block appeared first on CryptoSlate. дальше »
2026-2-28 14:35 | |
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Jack Dorsey cuts nearly half of Block’s workforce; Shares surge 23%
Block, Inc. will reduce its workforce by nearly half, cutting more than 4,000 jobs as CEO Jack Dorsey said the fintech firm restructures around artificial intelligence and leaner teams. Wall Street cheers Jack Dorsey’s AI restructure In a note shared… дальше »
2026-2-27 09:24 | |
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Jack Dorsey says Block to cut over 40% of workforce as stock surges 25% after earnings
Jack Dorsey says Block will cut over 40% of its workforce as shares surge 25% post earnings despite strong profit guidance. The post Jack Dorsey says Block to cut over 40% of workforce as stock surges 25% after earnings appeared first on Crypto Briefing. дальше »
2026-2-28 01:14 | |
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Jack Dorsey’s Block plans to cut up to 10% of staff
Jack Dorsey’s financial technology company Block Inc. is preparing to cut up to 10% of its workforce as part of a broader effort to streamline operations and improve efficiency, Bloomberg reported, citing people familiar with the matter. Block puts workforce… дальше »
2026-2-9 08:19 | |
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Jack Dorsey’s Block may cut workforce by 10%: Report
Block's workforce reduction reflects a broader tech industry trend of streamlining operations amid economic challenges and strategic shifts. The post Jack Dorsey’s Block may cut workforce by 10%: Report appeared first on Crypto Briefing. дальше »
2026-2-9 18:18 | |
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Jack Dorsey’s Block slashes nearly 1k jobs after weak Q4 earnings
Fintech giant Block has reportedly laid off over 930 employees, as part of a restructuring effort following weak Q4 earnings. Jack Dorsey’s fintech provider Block has laid off 931 employees, representing about 8% of its workforce, just a month after… дальше »
2025-3-26 14:31 | |
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