Home Cryptocurrency Jack Dorsey cuts nearly half of Block’s workforce; Shares surge 23%

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…

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Hedera price eyes bullish crossover as stablecoin activity fires up, will it break out?

Hedera price rallied over 8% this week amid a notable jump in...

Ethereum Strawmap: Can ETH Become the ‘High-Speed Internet of Value’?

Ethereum (ETH) developers have just released a glimpse of their 2029 vision,...

Spot Bitcoin ETFs take in $1B in three days as investors buy the dip

SoSoValue data shows a three-day reversal after weeks of withdrawals, with BlackRock’s...

TeraWulf misses Q4 2025 estimates as Bitcoin mining revenue falls

TeraWulf’s Q4 losses hit $1.66 per share as mining revenue fell, but...