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2026 › February › 27
Jack Dorsey
4 months ago
Economists question whether such moves signal a broader shift in the labor market or simply reflect company-specific adjustments.
Square parent company Block cuts nearly half of workforce as AI takes jobs ○
found
a story from The Guardian ⚠️ › International
CEO Jack Dorsey said 4,000 employees would be laid off as the fintech company, which owns Cash App, embraces AI
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Fintech com…
Opinion: Block's layoffs might just be the biggest story of a tumultuous week. Here's why ⊖
Block, Jack Dorsey's payments company, will cut 6,000 of its 10,000 workers as it embraces AI. CNBC's Steve Sedgwick says it's the biggest story of the week.
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