Block layoffs: Jack Dorsey's firm to let over 4,000 employees go in AI overhaul, shares soar 27%

The job cuts at Block are the latest case among fintech and the broader technology sector, where companies have eliminated workforce, pointing to AI as the catalyst.

Block layoffs: Jack Dorsey's firm to let over 4,000 employees go in AI overhaul, shares soar 27%
The job cuts at Block are the latest case among fintech and the broader technology sector, where companies have eliminated workforce, pointing to AI as the catalyst.

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