Layoffs
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.
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.
Technology
C3.ai Cuts 307 Jobs in 26% Workforce Reduction as Revenue Craters 46%
Enterprise AI software company announces sweeping restructuring under new CEO Stephen Ehikian, targeting $135 million in annual savings amid sharp revenue decline and mounting losses.