Block Fired 40% of its People. Wall St. Cheered. It’s Just the Start.

Block cut 40% of its workforce from a position of strength. Jack Dorsey says most CEOs are next. Here's the three-layer ...

Jack Dorsey's Block cuts 40% of staff, 4,000+ people — and yes, it's because of AI efficiencies

Executives should begin by auditing their own internal workflows to identify where agentic AI can consolidate roles and flatten management hierarchies.

Here's what smart people are saying about Jack Dorsey slashing Block's workforce

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 to cut more than 4,000 jobs amid AI disruption of the workplace

The company plans to off thousands of people as AI changes the way people work.

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

Block is the latest business to announce layoffs, with the operator of payment platforms Square and Cash App opting to cut jobs in favor of using more AI tools. The financial tech company, helmed by ...

Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same

Block, the company behind Square, Cashapp and Afterpay, is proactively slashing 40% of its workforce because of advances in AI. Will other companies follow suit? Tech expert Lance Ulanoff tells CNN’s ...