Block Cuts 40% of Its Work Force Because of Its Embrace of A.I.

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its ...

Block Fired 40% of its People. Wall St. Cheered. It’s Just the Start.

Block cut 40% of its workforce from a position of strength. Jack Dorsey says most CEOs are next. Here's the three-layer ...

Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same

Block, the company behind Square, Cashapp and Afterpay, is proactively slashing 40% of its workforce because of advances in AI. Will other companies follow suit? Tech expert Lance Ulanoff tells CNN’s ...

Block to cut more than 4,000 jobs amid AI disruption of the workplace

The company plans to off thousands of people as AI changes the way people work.
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Morning Minute: Jack Dorsey Slashes 40% of Block's Jobs Due to AI

Citrini warned everyone that these AI layoffs were coming, and it seems Jack Dorsey took their warning to heart and chose to ...