Over 92,000 tech layoffs in just 5 months of 2026: AI replacing jobs faster than expected as Meta, Microsoft, Amazon job cuts trigger fear in USTech layoffs 2026: Over 92,000 tech jobs vanished by May 2026, with April seeing the worst layoffs in two years. US tech giants like Meta, ...
13 May, 2026, 06.52 PM IST
Cloudflare's slowing growth disappoints investors betting on AI boostCloudflare shares dropped significantly after its revenue forecast missed investor expectations. The company is also reducing staff by 20%,...
08 May, 2026, 06.10 PM IST
AI doomsday fear coming true? Jack Dorsey-led Block lays off nearly half of its staff, Twitter co-founder says 'most companies late'Jack Dorsey-led Block has cut over 4,000 jobs, or nearly half its workforce, amid an AI boom. The Twitter co-founder said most companies ar...
27 Feb, 2026, 10.55 AM IST
Tech layoffs hit America: Salesforce, Block eliminate several positions — here’s who’s affectedWho is most affected by Salesforce and Block layoffs: Tech layoffs hit 80,000 workers in early 2026. Salesforce cut 1,000 roles. Block elim...
10 Feb, 2026, 05.37 PM IST
Jack Dorsey's fintech firm Block lays off nearly 1,000 employeesJack Dorsey's financial services company Block is laying off close to 1,000 employees, which will affect staff in the Cash App, Afterpay an...
31 Jan, 2024, 11.09 AM IST
Twitter co-founder Jack Dorsey quits Instagram amid Musk-Zuckerberg feud, asks 'who will they give the @jack handle to?'Jack Dorsey, the co-founder of Twitter and the current CEO of Block, has deleted his Instagram account and announced his departure from the...
18 Aug, 2023, 07.27 PM IST
Jack Dorsey-led Block raises 2023 earnings outlook after Q2 beats estimatesThe fintech, which offers merchant payment services and an app that lets people trade cryptocurrency, said gross profit in the quarter rose...
04 Aug, 2023, 10.20 AM IST
All platforms must comply with Indian law: MoS IT Rajeev Chandrasekhar after court junks Twitter pleaThe decision comes weeks after Dorsey accused India of threatening to shut down the social media platform in the country unless it complied...
30 Jun, 2023, 02.11 PM IST
Jack Dorsey's net worth takes a $526-million hit after Hindenburg report on Block fraudThe Hindenburg report on Thursday accused Dorsey’s fintech firm of committing financial fraud of $1 billion as it overstated the number of ...
24 Mar, 2023, 04.24 PM IST
Jack Dorsey’s wealth tumbles $526 million after Hindenburg shortHindenburg released a report Thursday claiming Block had inflated user metrics, and that the stock has downside of 65% to 75% “on a purely ...
24 Mar, 2023, 08.17 AM IST
Twitter Files Part 2: Elon Musk comes to rescue of Jack DorseyThe 'Twitter Files' Part 2 revealed that the micro-blogging platform had a secret group that included Vijaya Gadde, Parag Agrawal, Yoel Rot...
09 Dec, 2022, 03.23 PM IST
As Twitter scramble continues, hate for Jack Dorsey grows at Twitter, claims reportTwitter executives blamed co-founder and former Chief Executive Officer (CEO) Jack Dorsey for the takeover, as company growth stayed flat f...
05 Nov, 2022, 07.46 PM IST
Web 3 killer? Jack Dorsey announces Bitcoin-based Web 5At CoinDesk’s Consensus Festival in Austin, Texas, The Block Head or TBD – the Bitcoin-focused subsidiary of Dorsey’s Block (formerly SQ) –...
04 Nov, 2022, 03.12 PM IST
Dorsey-led Block posts quarterly loss on bitcoin slump; shares dropNet loss attributable to common stockholders came in at $208 million, or 36 cents per share, in the quarter ended June 30, compared with a ...
05 Aug, 2022, 08.44 AM IST
Jack Dorsey-led Block beats operating profit estimatesBlock posted operating earnings, known as adjusted EBITDA, of $195 million, ahead of the Wall Street average expectation of $136 million, a...
06 May, 2022, 08.39 AM IST
Jack Dorsey is now Block's Head, drops CEO titleDespite the new title, the Twitter cofounder's job at Block will ultimately remain the same: there will be "no changes in Dorsey's roles an...
24 Apr, 2022, 11.45 AM IST
Jack Dorsey's Block to build an open bitcoin mining systemIn October, Dorsey said that Block, formerly Square, was considering building a bitcoin mining system based on custom silicon and open sour...
14 Jan, 2022, 10.32 AM IST