Jack Dorsey’s Block, Inc. Laying Off Almost 50 Percent of Workforce Because of AI
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Jack Dorsey’s Block, Inc. Laying Off Almost 50 Percent of Workforce Because of AI

by Natalie Winters, The National Pulse: WHAT HAPPENED: Block, Inc., the San Francisco-based technology company formerly known as Square—which owns Cash App—and founded by former Twitter CEO Jack Dorsey and Jim McKelvey, announced on Thursday that it is laying off nearly half of its workforce.