Exclusive: Block’s CFO explains the AI leaps over 18 months that led to the decision to slash nearly half its workforce

New tools including its custom LLM "goose" gave leaders confidence that smaller teams can now handle “really meaningful ...

The Curious Case of the Block ‘AI Layoffs’

Last week, Block CEO and ayahuasca enthusiast Jack Dorsey announced that he was cutting 40% of his company’s staff because AI ...

Inside Block's AI push that ended in pink slips

Laid-off Block employees say they were embracing AI tools in what one called an almost "celebratory" way. Then it replaced ...
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Jack Dorsey Isn’t Telling the Real Story About Block’s AI Layoffs, Insider Says

"This isn’t an AI story. It's organizational bloat wearing an AI costume." The post Jack Dorsey Isn’t Telling the Real Story ...

The Block layoffs are just the beginning

I talked to one of the laid-off Block employees. He gave me a sobering warning.

Jack Dorsey’s Block to cut nearly half its workforce in AI overhaul, shares surge

By Manya Saini and Arasu Kannagi Basil Feb 26 (Reuters) - Block on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul to embed artificial intelligence across ...