Block Inc. is reducing its workforce by 4,000 employees. CEO Jack Dorsey believes artificial intelligence tools will enable a smaller team to perform better. This strategic move aims to make Block a more valuable, intelligence-native company. The company's fi…
Shares of Block Inc. surged around 25% in after-hours trading after CEO Jack Dorsey on Thursday announced that the company will lay off 4,000 employees, saying a smaller team equipped with artificial… [+3067 chars]
