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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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Quote of the day by Jack Ma on success: Quote of the day by Jack Ma: 'If you want to be successful, learn from the other people’s mistakes, don’t learn from the...' - Alibaba Group's co-founder advises on why learning from failure matters more than following success stories
Founders
Quote of the day by Jack Ma on success: Quote of the day by Jack Ma: ‘If you want to be successful, learn from the other people’s mistakes, don’t learn from the…’ – Alibaba Group’s co-founder advises on why learning from failure matters more than following success stories
Founder News Team Apr 30, 2026 0

Quote of the day by Jack Ma: Success means different things to different people, and it often modifys over time.…

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Airwallex founder Jack Zhang is offering $100,000 to AI startup founders under 25
Founders
Airwallex founder Jack Zhang is offering $100,000 to AI startup founders under 25
Founder News Team Apr 30, 2026 0

Airwallex’s billionaire cofounder and CEO Jack Zhang plans to back 10 young Australian founders building AI startups annually in a…

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Block’s Mass Layoffs Put Jack Dorsey on the Hook for $68 Million Party
Layoffs
Block’s Mass Layoffs Put Jack Dorsey on the Hook for $68 Million Party
Founder News Team Apr 24, 2026 0

Reports reveal that Jack Dorsey’s September 2025 in-person company event cost a staggering $68.1 million, roughly equivalent to the annual…

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Jack Dorsey Bets Block’s Future On AI, Cuts Nearly Half Its Workforce
Layoffs
Jack Dorsey Bets Block’s Future On AI, Cuts Nearly Half Its Workforce
Founder News Team Apr 24, 2026 0

MIAMI, FLORIDA – JUNE 04: Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square speaks…

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Twitter’s Jack Dorsey Slashes 4,000 Jobs at Block Because of AI
Layoffs
Twitter’s Jack Dorsey Slashes 4,000 Jobs at Block Becaapply of AI
Founder News Team Apr 17, 2026 0

Twitter co-founder Jack Dorsey declared that his company, Block, will reduce its workforce by nearly half, cutting more than 4,000…

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Jack Dorsey lays off 4,000, says others will 'within the next year'
Layoffs
Jack Dorsey lays off 4,000, states others will ‘within the next year’
Founder News Team Apr 1, 2026 0

Oakland-based Block, the Jack Dorsey-run tech giant behind Square and Cash App, is laying off almost half its sprawling workforce…

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Jack Dorsey's Block Cutting 10% of Staff in Third Layoff Since 2024
Layoffs
Jack Dorsey’s Block Cutting 10% of Staff in Third Layoff Since 2024
Founder News Team Mar 26, 2026 0

The cuts could affect up to 10% of the workforce at the company behind Cash App, Square and Afterpay. Crypto…

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Layoffs
In a 600-word X post, Jack Dorsey justifies his decision to lay off 40% of Block’s workforce
Founder News Team Mar 26, 2026 0

Despite a “strong year” in 2025, Dorsey—like many of his tech executive peers—believes AI will enable greater efficiency with far…

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Jack Dorsey's mass job cuts expose tech's bogus narrative
Layoffs
Jack Dorsey’s mass job cuts expose tech’s bogus narrative
Founder News Team Mar 10, 2026 0

When Block Inc. Chief Executive Officer Jack Dorsey stated the financial technology firm would cut 4,000 employees, or almost half…

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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
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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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