Smart people in tech and VC say Jack Dorsey's Block layoffs are "the canary in the coal mine" when it comes to AI job cuts.
Block last week cut 40% of its staff and attributed the layoffs to artificial intelligence, leaving many to wonder whether ...
Block ( XYZ) announced on Thursday that it's slashing its headcount by more than 40% because intelligent technology means fewer people can do more. The company's stock jumped 24% with the news.
Ongoing economic uncertainty is effecting Block’s financials, with growth slowing for Square and Cash App. Bitcoin remains a key strategic focus for the leadership team, as Block works on boosting ...
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