The payments company posted strong adjusted earnings following a dramatic downsizing, which management attributed to the influence of artificial intelligence.

Block cut 4,000 of its staff in February as part of its AI-driven pivot. A new post by Block's Jack Dorsey has shed light on how the company and others might operate in the future. Block co-founder ...

Quick Read Block (NYSE:XYZ) cut 4,000+ employees in February 2026 and posted Q1 2026 adjusted diluted EPS growth of 51.8%, ...