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Empty office space with rows of vacant desks, symbolizing workforce reduction at Block amid AI efficiency shifts in 2024.
Technology 4 min

Tech Layoffs AI Efficiency: Block Cuts 40% Workforce

Block has laid off nearly 40% of its workforce, reducing from over 10,000 to under 6,000 employees. CEO Jack Dorsey says the move avoids prolonged uncertainty and aligns with AI-driven operational shifts.

AItechnology 2 months ago