About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its ...
20hon MSN
Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same
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.
Investors cheered Block's big layoffs, but the move also flicks at the tension between markets and the economy Citrini ...
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