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July 2, 2026Jack Dorsey's Block cuts thousands of jobs as it embraces AI
The Twitter co-founder says he believes the majority of firms will make similar changes "within the next year."
February 27, 2026Related Pages (5)
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Jack Dorsey Just Fired The Starting Gun On AI Layoffs
Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, attends the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. (Photo by M
Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
File- This photo taken Nov. 19, 2015, shows Square CEO Jack Dorsey being interviewed on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File) This undated combination of photos show
Jack Dorsey's Block cuts thousands of jobs as it embraces AI
Twitter co-founder Jack Dorsey says his technology firm Block is laying off almost half its workforce because artificial intelligence (AI) "fundamentally changes what it means to build and run a compa