Wall Street just sent a jarring message: cutting half your workforce is good for business. Block (XYZ) shares surged more than 22% in after-hours trading this week after CEO Jack Dorsey announced ...

CFO Bieler provided 2026 guidance: "Total services revenue, which includes information, post-trade and technology services, is expected to grow in the mid-single-digit percent in 2026. We expect total ...

Block, Inc. said it is laying off more than 4,000 employees, which is almost half of its total staff. The company had over 10,000 workers earlier, and after the cuts it plans to have just under 6,000 ...