Block cut nearly half its workers, over 4,000 jobs, because of AI. This is a huge change for the company.

#BlockLayoffs, #JackDorsey, #AIJobs, #TechNews, #WorkforceChange

https://newsletter.tf/block-cuts-4000-jobs-due-to-ai/

Jack Dorsey's Block Cuts 4,000 Jobs Due to AI, Stock Rises 20%

Block, led by Jack Dorsey, laid off 4,000 workers, nearly half its staff, citing AI. Stock jumped 20%. See who is affected and why.