Jack Dorsey's Block to lay off 40% of its workforce
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Cash App parent company is in good shape financially, but it is still cutting nearly half of its jobs. Here's what the CEO said about it.
Michigan is looking to recoup incentive cash from Dana Inc. after the automotive supplier’s mass layoff related to poor electric vehicle demand.
The Forward Party founder said AI "will kick millions of white-collar workers to the curb in the next 12 - 18 months."
The Washington Post’s losses soared past $100 million in 2025 as the broadsheet struggled to keep up with a changing news landscape – prompting the colossal layoffs earlier this month, according
Square and Cash App operator Block said it would slash nearly half its workforce as AI reshapes its business, fanning fears of mass layoffs to come.
A moratorium on federal employee layoffs lapsed with the partial shutdown of the Department of Homeland Security.
Three of Los Angeles’ longest-serving TV anchors were abruptly laid off Wednesday as corporate owner Nexstar slashed jobs at KTLA. The cuts included longtime weekday morning meteorologist Mark Kriski and veteran midday anchors Glen Walker and Lu Parker,