Earlier this month, Block, Inc. reported first-quarter 2026 results showing revenue of US$6,056.85 million and a net loss of US$308.68 million, while also finishing a multi-year US$4.36 billion share repurchase program and facing a shareholder proposal for a new board-level technology committee. At the same time, CEO Jack Dorsey is reshaping Block’s organization around AI by cutting management layers and requiring managers to be hands-on technical contributors, signalling a deeper shift in...
