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Jack Dorsey Cuts Block's Workforce in Half, Says AI Will Transform Every Company
Key Takeaways
- Jack Dorsey eliminated roughly 4,000 positions, halving Block's workforce
- Dorsey framed cuts as AI-driven transformation, not financial distress
- The CEO warned other companies will face similar AI-driven reductions
- Block has been integrating AI across customer service, development, and operations
- Labor advocates push back against the framing of mass layoffs as inevitable
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DT Editorial Team··4 min read·via techcrunch.com