AI doomsday fear coming true? Jack Dorsey-led Block lays off nearly half of its staff, Twitter co-founder says 'most companies late'

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. The Twitter co-founder said most companies are late and also said that they are not making the decision because they're in trouble. The job cuts come at a time when …

Block, led by CEO Jack Dorsey has announced the most dramatic layoffs in recent times as the company has slashed around 40% jobs which is nearly half of its workforce in a single round of layoffs. Fr… [+4601 chars]

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AI doomsday fear coming true? Jack Dorsey-led Block lays off nearly half of its staff, Twitter co-founder says 'most companies late' - FHMnews