CBS News

Judge blocks Virginia from using new congressional maps, 1 day after redistricting vote passes

Joe Walsh is a senior editor for digital politics at CBS News. Joe previously covered breaking news for Forbes and local news in Boston. A state court judge on Wednesday blocked Virginia from moving ...
The Globe and Mail

Wheat futures surge higher while corn and soybeans flutter

Weekly corn export sales of 55 million bushels were within pre-report estimates and took cumulative sales to 29% ahead of last year’s pace. Soybean export sales of 9 million bushels were at the ...
Business Insider

A small number of Block employees say they were rehired after layoffs

Block has rehired at least four laid-off employees, according to LinkedIn posts. One engineer said he was rehired after his layoff was deemed a "clerical error ...
The New York Times

I Worked for Block. Its A.I. Job Cuts Aren’t What They Seem.

Mr. Zamost was the head of communications, policy and people at Square, now known as Block, from 2015 to 2020. See more of our coverage in your search results.Encuentra más de nuestra cobertura en los ...
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 ...
Forbes

Block Stock Pops 16% On 40% Layoffs. Where AIpocalypse May Strike Next

Block's stock surged 19% after strong Q4 results and raised guidance, despite cutting 4,000 jobs (40% of its workforce). The company attributes these layoffs to AI tools, aiming for a leaner, ...
Wall Street Journal

Jack Dorsey’s Block to Lay Off 40% of Its Workforce in AI Remake

Block XYZ-2.44%decrease; red down pointing triangle, the payments company founded by Jack Dorsey that includes Square and Cash App, said Thursday that it plans to lay off 40% of its workforce, or more ...
Inc

After Slashing 4,000 Jobs at Block, Jack Dorsey Blames AI. Critics Are Lighting Him Up

Block, the company behind Square, Cash App, and Afterpay, has joined the growing list of tech firms blaming artificial intelligence for sweeping job cuts. On Thursday, founder and CEO Jack Dorsey ...
TechCrunch

Jack Dorsey just halved the size of Block’s employee base — and he says your company is next

Jack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes. On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, ...
Los Angeles Times

Block to cut more than 4,000 jobs amid AI disruption of the workplace

This is read by an automated voice. Please report any issues or inconsistencies here. Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as ...
Business Insider

Jack Dorsey says he's cutting nearly half of his staff — 4,000 jobs — at Block. Read the memo.

Block lays off over 4,000 employees, cutting its workforce by nearly half, CEO Jack Dorsey said. Jack Dorsey emphasized a shift toward smaller teams and intelligence tools at Block. Read the lengthy ...