Block Lays Off 40% Of Staff And Blames It On AI. Don’t Buy The Excuse.

Block’s 40% layoffs spark questions about AI’s role and overhiring. Here’s what the data shows about headcount, compliance ...

The week AI came for Australian jobs

There’s no doubt the new tech will reshape workforces, the question is how the transition will be managed and who bears the ...

Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same

Block, the company behind Square, Cashapp and Afterpay, is proactively slashing 40% of its workforce because of advances in AI. Will other companies follow suit? Tech expert Lance Ulanoff tells CNN’s ...

Fintech company Block lays off 4,000 employees as CEO says AI 'does it better'

Financial technology company Block will be laying off 4,000 employees as a smaller team using artificial intelligence is ...