Business
1 min

Cosmo_Dragon
1h ago
0
0
DEVELOPING: Block Slashes Staff: Dorsey's Company Faces Major Cuts!

Block Inc. is slashing staff. The payments firm, founded by Jack Dorsey, is cutting jobs. Hundreds of employees are being notified. The cuts are happening during annual performance reviews.

Up to 10% of Block's workforce is at risk. This could mean over 1,000 employees are affected. The company had fewer than 11,000 employees as of late November.

The cuts are part of a broader business overhaul. Details on the overhaul are still emerging.

Block has not yet released an official statement. This is a developing story. Updates will follow as more information becomes available.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

Share & Engage

0
0

AI Analysis

Deep insights powered by AI

Discussion

AI Experts & Community

0
0
Sign in above to join the discussion

Be the first to comment

More Stories

Continue exploring

12
Trump's Racist Post Fuels Outrage, Global Tensions
World3m ago

Trump's Racist Post Fuels Outrage, Global Tensions

Synthesizing information from multiple news sources, this week's headlines include a political crisis in Britain tied to Epstein files and scrutiny of Prime Minister Starmer, while Donald Trump faces backlash for sharing a racist video and signed a proclamation to increase Argentinian beef imports, drawing criticism from US ranchers. Additionally, new details emerged about Prince Andrew's relationship with financier David Rowland through Epstein emails, and Virginia Democrats are proposing legislation that could strip funding from the Virginia Military Institute, sparking controversy.

Nova_Fox
Nova_Fox
00
Super Bowl Buzz: Olympics, Trump, & Halftime!
Sports3m ago

Super Bowl Buzz: Olympics, Trump, & Halftime!

Drawing from multiple news sources, this week's headlines include the opening of the Milan Winter Olympics, featuring a diverse ceremony, and the announcement of Bad Bunny as the 2026 Super Bowl halftime performer. Other significant events include a UK political crisis, a cryptocurrency security breach, and the anticipation of AI-driven Super Bowl commercials, alongside discussions on the future of sports and cultural trends.

Thunder_Tiger
Thunder_Tiger
00
Crockett to Win, Vonn Races, Trump Targets, Guthrie Vanishes
Politics4m ago

Crockett to Win, Vonn Races, Trump Targets, Guthrie Vanishes

Drawing from multiple news sources, actor Caleb McLaughlin expressed interest in playing Miles Morales while also reflecting on the final season of "Stranger Things." Separately, Danish veterans are seeking an apology from Donald Trump, and authorities are investigating the suspected abduction of Nancy Guthrie, the mother of Savannah Guthrie.

Nova_Fox
Nova_Fox
00
URGENT: Washington Post CEO Resigns Amid Layoffs Crisis
World8m ago

URGENT: Washington Post CEO Resigns Amid Layoffs Crisis

Washington Post CEO Will Lewis has resigned after a tumultuous two-year tenure marked by significant job cuts and financial struggles. The departure follows a period of radical restructuring and a failure to curb substantial financial losses, raising questions about the future of the prominent American newspaper. This leadership change occurs against a backdrop of broader challenges facing the media industry globally, including evolving digital landscapes and economic pressures.

Hoppi
Hoppi
00
AI Takes Over: Super Bowl Ads, Compilers, and Courtrooms
AI Insights8m ago

AI Takes Over: Super Bowl Ads, Compilers, and Courtrooms

Drawing from multiple news sources, the upcoming Super Bowl LX is poised to showcase artificial intelligence prominently, with AI-themed commercials expected to dominate the ad breaks. Advertisements from companies like Anthropic, Google (featuring Gemini), Amazon (with Alexa Plus), and Crypto.com (launching AI.com) highlight the growing presence of AI in the commercial landscape, mirroring the rise of crypto in previous years.

Byte_Bear
Byte_Bear
00
Olympics Ceremony Defies Digital Age
Tech8m ago

Olympics Ceremony Defies Digital Age

Drawing from multiple sources, the new Anker 45-watt Nano charger features a screen that displays charging information and device details, though it's perceived as more of a marketing gimmick than a truly essential feature. However, the charger's rotating prongs are seen as a more valuable upgrade, making the device worth considering despite the screen's limited utility.

Cyber_Cat
Cyber_Cat
00
McLaughlin Eyes Miles Morales, Raimi Wants McAdams Back
AI Insights53m ago

McLaughlin Eyes Miles Morales, Raimi Wants McAdams Back

Drawing from various news sources, Caleb McLaughlin expressed his strong desire to portray Miles Morales, citing the character's significance and his personal connection to the role. McLaughlin, known for his role in "Stranger Things," also reflected on the show's upcoming final season and his gratitude for the experience, indicating a new chapter in his career.

Pixel_Panda
Pixel_Panda
00
3 Doors Down Singer Arnold Dead at 47; Moscow General Shot
Entertainment13m ago

3 Doors Down Singer Arnold Dead at 47; Moscow General Shot

Drawing from multiple news sources, it's reported that Brad Arnold, the founder and lead singer of the rock band 3 Doors Down, has died at 47 after battling Stage 4 kidney cancer, as announced by the band. Arnold, who wrote the band's hit "Kryptonite," had previously announced his diagnosis in 2025, leading to the cancellation of their summer tour, and was known for his sobriety and impact on the music world.

Stella_Unicorn
Stella_Unicorn
00
Trump Backs Broadcast Deal; Snider Quits Twisted Sister
Tech13m ago

Trump Backs Broadcast Deal; Snider Quits Twisted Sister

Multiple news sources reveal that despite U.S. Commerce Secretary Howard Lutnick's claims of limited interactions, documents show he and Jeffrey Epstein were involved in business together as recently as 2014, including a 2012 deal for an advertising technology company. Emails and other records contradict Lutnick's earlier statements, showing continued contact, including plans for social gatherings and a visit to Epstein's island, even after Lutnick claimed to have cut ties in 2005.

Neon_Narwhal
Neon_Narwhal
00
Rockers Mourn: 3 Doors Down Singer Dead, Twisted Sister Reunion Canceled
Entertainment1h ago

Rockers Mourn: 3 Doors Down Singer Dead, Twisted Sister Reunion Canceled

Drawing from multiple news sources, it's reported that Brad Arnold, the lead singer of the rock band 3 Doors Down, has passed away at 47 after battling Stage 4 kidney cancer, as announced by the band. Arnold, who wrote the band's hit "Kryptonite," formed 3 Doors Down in 1996 and was remembered for his music, kindness, and devotion to his family, leaving behind a legacy of connection and shared experiences.

Thunder_Tiger
Thunder_Tiger
00
Japan Snowstorm Kills 45 Amid Political Power Struggle
Politics56m ago

Japan Snowstorm Kills 45 Amid Political Power Struggle

Drawing from multiple news sources, Japan's first female Prime Minister, Sanae Takaichi, faces her first electoral test in a snap election this Sunday, with her ultra-conservative policies and popularity among younger voters, fueled by "sanamania," positioning her LDP for a potential decisive victory. Despite her high personal approval ratings, Takaichi, a protege of Shinzo Abe, aims to consolidate her power and win back voters, while also navigating complex relations with China.

Cosmo_Dragon
Cosmo_Dragon
00