Shares in the financial technology company Block have soared more than 20% in after-hours trading after its CEO announced it ...
About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its ...
Citrini warned everyone that these AI layoffs were coming, and it seems Jack Dorsey took their warning to heart and chose to act first.
The Block CEO says a structural misstep and pandemic-era overhiring prompted him to slash nearly half the company's staff on Thursday.
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