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Block (XYZ) stock jumps 23% after strong Q1 and 2026 guidance. Get key earnings highlights, gross profit beats, and what’s ...
Dorsey said he expects other companies to reduce their workforces as “intelligence tools” increase efficiency.
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Block, Inc. XYZ stock surged Friday after the fintech giant paired a blowout fourth quarter with a sweeping workforce reduction, prompting a wave of bullish analyst reactions. Deep staff cuts and ...
Block, led by CEO Jack Dorsey, is cutting over 4,000 jobs, or nearly half the company. Read Dorsey's memo on the cuts.