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Block lays off 40% of workforce as it goes all-in on AI tools

CEO says “most companies are late” to realize how much technology will affect employment.

Jack Dorsey’s Block cuts nearly half of its staff in AI gamble

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AI vs People Debate Rages as Block Cut 40% of Workforce

Fintech company Block laid off 40% of its workforce as intelligence tools reshape workflow, amid impressive Q4 financial results and shares rising 20%