Fortuitous timing

Curtis Campbell was a bit adrift in retirement. H&R Block needed leadership with more tech knowledge. Now, he’s the CEO.
The Caledonian-Record

Block Blast! Reinforces Its Position Among the Best Free Mobile Games Players Turn to Most

Hungry Studio today highlighted the continued global appeal of Block Blast! as one of the best free mobile games players are ...

Urban Visions signs new lineup of tenants at Grand Central Block

Martin Selig's office portfolio dealt another blow Seattle developer buys historic Pioneer Square block at major discount ...
Wall Street Journal

Jack Dorsey Blamed AI for Block’s Massive Layoffs. Skeptics Aren’t Buying It.

In September, payments firm Block Inc.XYZ0.64%increase; green up pointing triangle gathered 8,000 of its employees from around the globe to California for an extravaganza celebrating the company’s ...
Los Angeles Times

AI-washing: How companies like Block may use AI as a layoff excuse

When Block Inc. laid off nearly half its staff last week, co-founder Jack Dorsey offered a seemingly simple explanation: Artificial intelligence was allowing the company to do more with fewer ...
The Motley Fool

After Block's Layoffs, Could These 3 Companies Be Next?

Software stocks have plunged this year on fears of AI disruption. Block seemed to confirm those fears by announcing mass layoffs as it pivoted AI. Software stocks fell on the news, but it's likely to ...
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 ...
Business Insider

Jack Dorsey says Block overhired during COVID, but to blame layoffs on that alone 'misses all the complexity'

Every time Thibault publishes a story, you’ll get an alert straight to your inbox! Enter your email By clicking “Sign up”, you agree to receive emails from ...
Morningstar

Block says AI will let it cut more than 4,000 jobs. Some argue that's not the whole story.

Block's 'audacious' move ignites debate over whether the company is using AI as an excuse to walk back reckless hiring Block is the parent company of Square and the Cash App. Block's stock is ...
The Verge

Jack Dorsey’s Block cuts nearly half of its staff in AI gamble

The company will shrink by more than 4,000 jobs. The company will shrink by more than 4,000 jobs. is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly ...
SiliconANGLE

Block rallies after Dorsey slashes 40% of workforce in AI-native reset as earnings top estimates

Shares in Block Inc. surged more than 23% in late trading today after the financial services company announced that it was laying off more than 4,000 people from its approximately 10,000-strong ...
Reuters

Jack Dorsey’s Block to cut nearly half its workforce in AI overhaul, shares surge

Block to cut over 4,000 jobs CEO says AI has changed how a company is run Stock surges 25% after market Analysts call cuts a "seminal moment" in AI era Feb 26 (Reuters) - Block (XYZ.N), opens new tab ...