Corporate
Block Announces Layoffs of 4,000 Workers Citing AI Efficiency Gains
Block Inc. announced it will lay off 4,000 workers , nearly half its staff, citing advances in artificial intelligence that allow smaller teams to be more productive. The financial technology company, led by CEO Jack Dorsey, said in a letter to shareholders that AI has "changed what it means to buil
Mar 5, 3:48 AM ET·2 min read
6 articles from 6 publishers