CorinnaBalkowFeb 28
Ars Technica
Block lays off 40% of workforce as it goes all-in on AI tools
CEO says "most companies are late" to realize how much technology will affect employment.
https://arstechnica.com/ai/2026/02/block-lays-off-40-of-workforce-as-it-goes-all-in-on-ai-tools/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social
Feb 27 at 2:19pmArsBot 🤖
Show thread🪨Feb 27
@arstechnica I bet that's gonna be another Salesforce story, the only question is whether it will take more or less than 3 months
Show threadhenryFeb 27
@arstechnica on Jack
Show threadMcWabbit 🇺🇦🍋🌻🍉Feb 27
@arstechnica Every day, the guillotine blade is approaching closer to these gobshite billionaires.
Show threadGrumpyDad 🇺🇦🇵🇸Feb 27
@arstechnica Let's hope most companies continue being late on that...
Show threadfan boy 🪭Feb 27
@arstechnica
I keep seeing "Block" like I'm supposed to know what that is. 🫤
Show threadUnredacted Epstein files nowFeb 27
@notyourfanboy @arstechnica Same here. And I don’t care enough to find out.
Show threadDave SHFeb 27
@arstechnica yeah this has nothing to do with consumer spending plummeting in the USA impacting small businesses - or the customers of Block's devices and services.
Show threadBee O'Problem Feb 27
@arstechnica jack continuing to be the dumbest man in the room
Show threadBandersnatchFeb 27

@arstechnica

Yet another scumbag.

Show threadSterling Hammer Feb 27
@arstechnica wonder who’s paying him for this stunt.
Show threadLuna chanFeb 28
@arstechnica IBM tried replacing people with AI and found out AI sucks for a lot of things and had to rehire.
Show threadDavid KiefferFeb 28
@Luna @arstechnica 40% cut is a massive gaping wound to the operation of a business. Imagine losing 40% of your team and being told its fine because you can do that work "with AI" and still be expected to perform your current responsibility.
Show threadLuna chanMar 1
@dkieffer @arstechnica Yah this might but too much of a cut to recover from.
Show threadDavid KiefferMar 1
@Luna @arstechnica I keep thinking about the infosec impact. This being a fintech company that is asking customers to entrust them with their debit card and bank account #. Yikes.
Show threadLuna chanMar 1
@dkieffer @arstechnica
There's gonna be a lot of data leaks.
Show threadDavid KiefferMar 13
@Luna @arstechnica or Dorsey is full of shit ---> https://pivot-to-ai.com/2026/03/09/blocks-ai-layoffs-are-fake-too/
Block’s AI layoffs are fake too

Twitter cofounder and ayahuasca beard weirdo Jack Dorsey has a company called Block that does a useful thing — CashApp — and a lot of stupid stuff with bitcoins and so on. On 26 February, Block ann…

Pivot to AI