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  • Block Slashes 40% of Its Workforce and Investors Reward It With a 24% Stock Surge
Jack Dorsey’s Block to lay off 40% of workers, citing AI efficiency
Layoffs
Block Slashes 40% of Its Workforce and Investors Reward It With a 24% Stock Surge
Founder News Team Jul 2, 2026 0

Jack Dorsey announced Block is cutting 40% of its 10,000-person workforce, citing artificial intelligence tools that are fundamentally changing how…

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Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
Layoffs
Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
Founder News Team Apr 29, 2026 0

BANGKOK (AP) — Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its…

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Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
Layoffs
Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
Founder News Team Apr 23, 2026 0

BANGKOK (AP) — Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its…

Read More
Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
Layoffs
Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
Founder News Team Apr 22, 2026 0

BANGKOK (AP) — Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its…

Read More
Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
Layoffs
Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
Founder News Team Apr 18, 2026 0

BANGKOK (AP) — Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its…

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Snap Cuts 1,000 Jobs, Citing ‘Rapid Advancements’ in AI
Layoffs
Snap Cuts 1,000 Jobs, Citing ‘Rapid Advancements’ in AI
Founder News Team Apr 16, 2026 0

Image: Souvik Banerjee/Unsplash Snapchat’s parent company has axed roughly one in six of its workers, blaming AI for building a…

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Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
Layoffs
Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
Founder News Team Apr 3, 2026 0

BANGKOK (AP) — Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its…

Read More
Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
Layoffs
Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
Founder News Team Apr 3, 2026 0

BANGKOK (AP) — Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its…

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Citing 'strategic mistake' EU pivots back to nuclear energy
Tech News
Citing ‘strategic mistake’ EU pivots back to nuclear energy
Founder News Team Mar 10, 2026 0

Brussels – EU chief Ursula von der Leyen on Tuesday stated Europe’s turn away from nuclear power had been a…

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Revolut blocks CIS cards for EU clients, citing high-risk top-ups
Startups
Revolut blocks CIS cards for EU clients, citing high-risk top-ups
Founder News Team Dec 4, 2025 0

Russians living in the EU have begun reporting widespread issues with topping up accounts at Revolut applying cards from banks…

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We aim to empower European founders with the insights, trends, and tools they need to build, grow, and lead world-class companies.

By delivering sharp, actionable news and stories that matter, from fundraising to regulation, and from talent to tech, we help entrepreneurs stay ahead in a fast-changing world.

Latest News
UNIGRID's sodium-ion home battery debuts in Europe, US is next
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Jul 15, 2026
Remove Addictive Features Or Face Penalty - Europe To Facebook, Instagram - Trak.in
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Europe’s Top Privacy Regulators Just Confirmed AI Hiring Tools Have Been Breaking the Law for Eight Years
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Chevron to relocate 180 Bay Area workers to Houston
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