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Jack Dorsey's Block Cuts Nearly Half of Its Staff In AI Gamble


Jack Dorsey's Block is cutting more than 4,000 jobs, or nearly half its workforce, as part of a deliberate shift toward becoming a smaller, "intelligence-native" company built around AI. The Verge reports: "We're not making this decision because we're in trouble," Dorsey says. "Our business is stro...

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Block, the parent of Square and Cash App, is laying off over 4,000 people