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Block, the company behind Square, Cash App and Afterpay, is cutting its staff by nearly half. The company’s CEO said “intelligence tools” are the reason in a letter to shareholders. #CNN #news
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Jack Dorsey cuts Block workforce from 10,000 staff to just under 6,000 in AI-driven restructure
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Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
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