Block rallies after Dorsey slashes 40% of workforce in AI-native reset as earnings top estimates
Shares in Block Inc. surged more than 23% in late trading today after the financial services company announced that it was laying off more than 4,000 people from its approximately 10,000-strong workforce alongside an earnings beat in its fiscal 2025 fourth qu…
Shares in Block Inc. surged more than 23% in late trading today after the financial services company announced that it was laying off more than 4,000 people from its approximately 10,000-strong workf… [+3989 chars]