Bernstein lowered the firm’s price target on Block (XYZ) to $85 from $100 and keeps an Outperform rating on the shares. The firm cites the ...

Tech layoffs continue in March 2025, with major companies like Ola Electric, TikTok, NASA, and Zomato cutting thousands of ...

A quarter of treasury managers at S&P 500-listed firms will have added Bitcoin to their firm’s balance sheets by 2030, driven ...

In addition to the layoffs, Block will close 784 open positions, except for a few critical roles or positions where candidates have already reached advanced stages in the hiring process. Dorsey ...

In a surprising turn of events, Jack Dorsey's financial technology company, Block, plans to lay off nearly 1,000 employees as part of a broader reorganization strategy. This marks the company's second ...

This structured approach not only highlights the methodical nature of the layoffs but also serves to reassure remaining employees that these actions are carefully considered and justified. The ...

While I’m never glad to see layoffs, Jack Dorsey’s email to Block, the fintech firm he founded as Square, announcing the ...

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Spread the love Introduction The fintech industry continues to evolve at a breakneck pace, reshaping the global financial ...

Jack Dorsey's company Block is cutting 931 employees, 8% of its workforce, for strategy, performance, and restructuring.

Jack Dorsey, the co-founder of X (formerly Twitter), appears to be following in his successor Elon Musk ’s footsteps amid ...