Block

AI

Block’s 4,000 Job Cuts Expose AI-Washing Playbook Behind Tech Layoffs

Jack Dorsey slashes half his workforce citing AI—but critics see a familiar excuse for pandemic overhiring and stock pressure.

8 min read ·
Markets Technology

Block Slashes 40% of Workforce in AI-Driven Restructuring as Markets Reward Dorsey’s Efficiency Play

Jack Dorsey's fintech cuts 4,000 employees from strong position as stock surges 23% on bet that AI tools replace human labor at scale.

7 min read ·