Block News
Latest articles and news about Block on AXL Media.
Latest Articles
- Global Tech Sector Slashes 165,000 Jobs While Betting on Unproven Artificial Intelligence Efficiency Gains
Published: Apr 7, 2026
Section: Jobs & Careers
Major technology corporations including Microsoft, Amazon, and Oracle have eliminated over 165,000 positions in the past year to prioritize AI investments. While executives credit...
- Jack Dorsey Teases Modern Revival of 2010 Bitcoin Faucet to Mark Upcoming ‘Bitcoin Day’ April 6
Published: Apr 5, 2026
Section: Currencies
Longtime Bitcoin advocate Jack Dorsey and his company, Block, have announced the return of a "Bitcoin Faucet" scheduled for April 6, 2026. Inspired by Gavin Andresen’s 2010 model t...
- Meta and Block Redefine Corporate Hierarchy by Eliminating Traditional Middle Management Roles
Published: Apr 5, 2026
Section: Companies & Industry
Tech giants Meta Platforms and Block are restructuring their organizational frameworks to become "AI-native," replacing traditional middle managers with "player-coaches" and "org l...
- Impact on Irish Operations Remains Uncertain Following Block’s Announcement of Global Workforce Reductions
Published: Feb 28, 2026
Section: Companies & Industry
Financial services firm Block, led by Jack Dorsey, has announced a significant round of global layoffs as part of a strategic tightening of its workforce. While the company has con...