The Caledonian-Record

KoreInside Strengthens Global Blockchain Leadership With Appointment Of U.S. Standards Chair Dr. Daniel Conway

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Basilica of St. Mary moves worshippers for $45M renovation; Aging boiler may close St. Clement's

A pair of aging Minneapolis churches celebrated Easter mass over the weekend ahead of major changes — one is engaged in a $45 ...

Inside the $20M overhaul of a single West Baltimore block

Work is in full swing this spring to overhaul and redevelop rowhomes on the block that will be put up for sale. Melody ...
Wall Street Journal

Jack Dorsey Blamed AI for Block’s Massive Layoffs. Skeptics Aren’t Buying It.

In September, payments firm Block Inc.XYZ0.64%increase; green up pointing triangle gathered 8,000 of its employees from around the globe to California for an extravaganza celebrating the company’s ...
Los Angeles Times

AI-washing: How companies like Block may use AI as a layoff excuse

When Block Inc. laid off nearly half its staff last week, co-founder Jack Dorsey offered a seemingly simple explanation: Artificial intelligence was allowing the company to do more with fewer ...
Business Insider

Here is how Block's severance package compares to other tech companies in past layoffs

Jack Dorsey's Block is laying off nearly half of its employees, equivalent to about 4,000 jobs. The financial services company has earned some praise for its severance package. Here's how it compares ...
Forbes

Block Lays Off 40% Of Staff And Blames It On AI. Don’t Buy The Excuse.

Payments company Block announced it’s laying off 40% of its staff. According to Chairman and founder Jack Dorsey: “This decision comes from a position of strength. Intelligence tools have changed what ...
Seeking Alpha

Block stock climbs 13% after massive headcount cut

Block stock gained 13% in Friday midday trading, paring from the 20%+ jump it experienced in Thursday after-hours trading. The stock action came after the payment tech company unveiled a stunning ...
Reuters

Block shares soar as Dorsey leans on AI to trim workforce

Feb 27 (Reuters) - Block (XYZ.N), opens new tab shares soared more than 16% on Friday after the fintech firm announced it would nearly halve its workforce as part of an overhaul to embed artificial ...
Business Insider

Jack Dorsey says Block overhired during COVID, but to blame layoffs on that alone 'misses all the complexity'

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Morningstar

Block says AI will let it cut more than 4,000 jobs. Some argue that's not the whole story.

Block's 'audacious' move ignites debate over whether the company is using AI as an excuse to walk back reckless hiring Block is the parent company of Square and the Cash App. Block's stock is ...
Los Angeles Times

Block to cut more than 4,000 jobs amid AI disruption of the workplace

This is read by an automated voice. Please report any issues or inconsistencies here. Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as ...