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Read Jack Dorsey’s Full Statement
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· 18h
Block shares surge as Jack Dorsey announces AI-driven layoffs of 4,000 workers
Block stock jumped 20% after CEO Jack Dorsey announced 4,000 job cuts, citing AI as key to boosting efficiency and profitability. (Scripps News)
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· 1d
AI doomsday fear coming true? Jack Dorsey-led Block lays off nearly half of its staff, Twitter co-founder says 'most companies late'
Jack Dorsey-led Block has cut over 4,000 jobs, or nearly half its workforce, amid an AI boom.
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