Economists question whether such moves signal a broader shift in the labor market or simply reflect company-specific adjustments.

"Today we shared a difficult decision with our team," Jack Dorsey, Block's co-founder and CEO, wrote in a letter to shareholders. "We're reducing Block by nearly half, from over 10,000 people to just ...

Jack Dorsey says his payments company, Block, will cut more than 4,000 jobs as part of an AI-driven restructuring effort, with affected employees expected to find out their fate today.

Jack Dorsey’s Block, the financial tech company that runs Square and the Cash app, is cutting its workforce by “nearly half” ...

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its ...

Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as artificial intelligence disrupts the way people work. The Oakland parent company of ...

The closing of Stanley Black & Decker's factory in New Britain would add to the company's significant downsizing in recent years.

Three companies with a North Jersey presence are laying off a combined 354 employees in the spring and summer of 2026, ...

During Q4, the municipal yield curve twisted flatter, with yields from 2- to 5-year maturities increasing 8 to 19 bps, while ...

Zoë Yujnovich has taken over at National Grid, while BP appointed Meg O’Neill — the recent departures are reviving questions ...

The BNY Mellon California AMT-Free Municipal Bond Fund reported a 1.28% return for Class I shares in Q4 2025. Read the full ...

The Australian LNG major reported record production and strong cash flow in 2025 while advancing key global growth projects.