Jack Dorsey struck an 'empathetic' tone as he laid off nearly half of Block

The CEO's empathetic and transparent tone and a relatively generous layoff package, are gaining respect amid a 40% workforce ...

Here's what smart people are saying about Jack Dorsey slashing Block's workforce

Smart people in tech and VC say Jack Dorsey's Block layoffs are "the canary in the coal mine" when it comes to AI job cuts.

Jack Dorsey just halved the size of Block’s employee base — and he says your company is next

On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, Cash App, and Tidal, is cutting more than 4,000 employees, nearly half its global workforce, taking it ...

Block Cuts 40% of Its Work Force Because of Its Embrace of A.I.

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its ...

Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same

Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey.
The Hacker News

Microsoft Warns Developers of Fake Next.js Job Repos Delivering In-Memory Malware

While the Windows maker did not attribute the activity to a specific threat actor, the use of VS Code tasks and Vercel ...
Opinion

Block's Jack Dorsey tells employees why he's slashing headcount and what Block is paying

Block ( XYZ) announced on Thursday that it's slashing its headcount by more than 40% because intelligent technology means fewer people can do more. The company's stock jumped 24% with the news.