Jack Dorsey Explains 40% Layoff at Block Inc. Over AI Use

Thenews_chronicle | 18-04-2026 10:19pm |

A quiet internal exercise at Block Inc. in December 2025, led to a decision that would soon draw global attention. The company, based in San Francisco, reduced its workforce by about 40 percent after its leadership concluded that advances in artificial intelligence had changed how much human labor was needed to operate the business. Speaking on a

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