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+0.430 (+0.622%)
At Close: Jun 12, 2026
Jack Dorsey's mea culpa on Block layoffs: 'We overhired'
05:19am, Friday, 27'th Feb 2026
Jack Dorsey said Block overhired during COVID after building two company structures. Block slashed nearly half its workforce in a single sweeping round of layoffs on Thursday.
U.S. stock futures fell on Friday after a mixed close on Thursday. Futures of major benchmark indices were negative.
Jack Dorsey Says AI Models' Progress, Push Toward Functionalization Spurred Block's Mega Job Cuts - Stock Surges 23% After-Hours
12:04am, Friday, 27'th Feb 2026
Block, Inc. CEO Jack Dorsey said Thursday, February 26, that advancements in artificial intelligence models and efforts to streamline operations drove the company's choice to lay off nearly half its w
Block Inc (XYZ) Q4 2025 Earnings Call Highlights: Strong Growth Amid Strategic Workforce Reduction
12:03am, Friday, 27'th Feb 2026
Gross Profit: $2.87 billion in Q4, 24% year-over-year growth.Adjusted Operating Income: $588 million in Q4, 46% year-over-year growth.Adjusted Diluted EPS: 38%
Block, Inc. (XYZ) Q4 2025 Earnings Call Transcript
09:37pm, Thursday, 26'th Feb 2026
Block, Inc. (XYZ) Q4 2025 Earnings Call Transcript
Block Slashes Staff and Eyes AI as Primary Banking Actives Jump 22% to 9.3M
08:24pm, Thursday, 26'th Feb 2026
Block's massive staff cuts dominated the news surrounding its fourth quarter earnings release and conference call Thursday (Feb. 26).
Jack Dorsey just gave us our first glimpse at how doomsday layoffs could work in the AI era — and it's bleak
08:01pm, Thursday, 26'th Feb 2026
CEO Jack Dorsey announced that Block will be slashing nearly half its workforce. Many tech companies have culled smaller proportions of workers in recent years.
Jack Dorsey's Block cuts 40% of staff, 4,000+ people — and yes, it's because of AI efficiencies
07:46pm, Thursday, 26'th Feb 2026
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 agentic sys
Block (XYZ) Meets Q4 Earnings Estimates
07:01pm, Thursday, 26'th Feb 2026
Block (XYZ) came out with quarterly earnings of $0.65 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.71 per share a year ago.
Jack Dorsey just halved the size of Block's employee base — and he says your company is next
06:43pm, Thursday, 26'th Feb 2026
Jack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes.
AHF Sues FL Health Dept. to Block Emergency Rule Cutting HIV Drug Access for Thousands
06:39pm, Thursday, 26'th Feb 2026
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--AHF Sues FL Health Dept. to Block Emergency Rule Cutting HIV Drug Access for Thousands.
CEO Jack Dorsey issued a dire warning about AI's impact as he cuts Block by almost half
06:14pm, Thursday, 26'th Feb 2026
CEO Jack Dorsey warns of AI's impact on jobs, highlighting Block's workforce reduction strategy. Block's AI tools boost efficiency, with engineer output up 40%, says CFO Amrita Ahuja.
Block Cuts 40% of Its Work Force Because of Its Embrace of A.I.
06:08pm, Thursday, 26'th Feb 2026
About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its top executive said.
Block shares soar as company slashes workforce by nearly half
05:45pm, Thursday, 26'th Feb 2026
Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount. The stock skyrocketed more than 24% in extended trading.
Market Today: Nvidia Beats, WBD Bidding War, Uber Air
05:35pm, Thursday, 26'th Feb 2026
Guru Stock PicksMS Global Franchise Portfolio has made the following transactions:Reduce in MSCI by 17.11%Sold out in FDSAdd in LSE: EXPN by 13.74%New position i
