Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.
Block Shares Rise On Layoffs
Description
Block reported mixed fourth-quarter results, with earnings meeting expectations but revenue slightly missing estimates. CEO Jack Dorsey said the company will shrink its workforce to under 6,000 employees, arguing AI-driven efficiency allows smaller teams to do more. Shares rose about 5% after the report.
More from User
00:58
SAVE Exit Deadline
Benzinga
00:51
Alibaba Bans Claude Tools
Benzinga
00:52
Rivian Stock Slides
Benzinga
00:56
Bitcoin Bottom Debate
Benzinga
00:57
Quarterly Reports Defended
Benzinga
00:52
China's Gig Work Strain
Benzinga
Related Videos
02:26
Twitter Elon Musk delays relaunch of verification system amid layoffs, workforce uncertainty
The New One
01:33
Pixar Has Begun Layoffs of 14% of its Workforce | THR News Video [Full Movie]
Freedom Drama Series
00:38
Tesla CEO Elon Musk Announces Layoffs of Over 10% of Global Workforce in Cost-Cutting Move
Benzinga
00:43
Trump Administration Moves Forward With Federal Workforce Layoffs and Restructuring Plans
Benzinga
00:45
Unity Software Announces Layoffs Of 1,800 Employees, Representing 25% Of Its Workforce
Benzinga
01:33
Pixar Has Begun Layoffs of 14% of its Workforce | THR News Video [Full Movie]
Cry Baby Drama