Block shares soar as much as 24% as company slashes workforce by nearly half

TORRE

Feb 27, 2026 - 21:00

0

Block shares soar as much as 24% as company slashes workforce by nearly half

Block said Thursday it's laying off more than 4,000 employees, or about half of its head count.

TORRE

Related Posts

With Possible Iran Strike Looming, U.S. Says Staff Can Leave Israel, and Urges Speed

With Possible Iran Strike Looming, U.S. Says Staff Can ...

TORRE Feb 27, 2026 0

This nuclear state is in an ‘open war’: What has it got in its arsenal?

This nuclear state is in an ‘open war’: What has it got...

TORRE Feb 27, 2026 0

Opinion: Block's layoffs might just be the biggest story of a tumultuous week. Here's why

Opinion: Block's layoffs might just be the biggest stor...

TORRE Feb 27, 2026 0

Nordic nations could host nukes

Nordic nations could host nukes

TORRE Feb 27, 2026 0

Pakistan and Afghanistan are at war. Here’s the full story behind the clash

Pakistan and Afghanistan are at war. Here’s the full st...

TORRE Feb 27, 2026 0

UBS downgrades the U.S. stock market. Here's what has the investment bank worried

UBS downgrades the U.S. stock market. Here's what has t...

TORRE Feb 27, 2026 0