Jack Dorsey said his company Block has seen in increase in productivity and that it will invest more in hiring senior AI ...

Block slashes nearly half its workforce as Jack Dorsey credits AI tools for making thousands of roles redundant. Stock soars 22%.

Dorsey says most companies will soon restructure around AI tools. Jack Dorsey’s payments firm Block will lay off more than 4,000 employees, with the co-founder attributing the decision to the rapid ...

The financial service company’s workforce rails against co-founder’s 10 percent staff cuts and promotion of AI tools ...

Block will reduce its workforce from about 10,000 employees to fewer than 6,000 as artificial intelligence changes how companies are built and operated, ...

Block didn’t cut 4,000 jobs because AI made them obsolete. It laid off staff because the company overhired, the macro story ...