Jack Dorsey’s Block cuts nearly half of its staff in AI gamble

theverge.com

Jack Dorsey’s Block is cutting its workforce by “nearly half,” losing more than 4,000 jobs. The company will shrink from more than 10,000 people to less than 6,000 and is becoming an “intelligence-native” company.

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Jack Dorsey’s Block cuts nearly half of its staff in AI gamble
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