Payments company Block announced it’s laying off 40% of its staff. According to Chairman and founder Jack Dorsey: “This decision comes from a position of strength. Intelligence tools have changed what ...

Block's stock surged 19% after strong Q4 results and raised guidance, despite cutting 4,000 jobs (40% of its workforce). The company attributes these layoffs to AI tools, aiming for a leaner, ...

Block to cut over 4,000 jobs CEO says AI has changed how a company is run Stock surges 25% after market Analysts call cuts a "seminal moment" in AI era Feb 26 (Reuters) - Block (XYZ.N), opens new tab ...

Block said Thursday it's laying off more than 4,000 employees, or about half of its head count. Shares of the payment company skyrocketed as much as 24% in extended trading. It was last seen up nearly ...

Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey. Dorsey thinks ...

Workers describe a deteriorating culture at Block, the company behind Square and Cash App, where layoffs continue and employees are expected to use AI tools daily. “Morale is probably the worst I’ve ...

Lt. Gen. Michael McCurry, commanding general of U.S. Army Futures and Concepts Command, gives a speech during command's activation ceremony at Joint Base Langley-Eustis, Virginia, Feb. 12, 2026.

FORT BRAGG, N.C. — The Department of the Army activated the U.S. Army Western Hemisphere Command in a historic transition ceremony today at Fort Bragg, uniting U.S. Army Forces Command, U.S. Army ...

The Army is standing up a new Western Hemisphere Command effective Friday, consolidating three major commands under a single headquarters as part of the sweeping restructuring of the force. The new ...

The new state agency responsible for protecting Texans’ data and government computer systems against cyber attacks has begun setting up its operations in San Antonio, but its final location remains ...

The Army is modernizing its Command and Control (C2) systems through two key initiatives: C2 Fix and Next Generation Command and Control (NGC2). C2 Fix addresses immediate needs for Divisions and ...

Then-Army Secretary Ryan McCarthy and then-Army Futures Command Chief Gen. John Murray tour the Robotics Center of Excellence at the University of Texas on Oct. 2, 2020. (UT Austin) The U.S. Army will ...