The brutal metric companies are using to show their AI bets are justified

Block CEO Jack Dorsey announced cuts to nearly half his workforce in a memo on X. Joe Raedle/Getty Images Jack Dorsey's announced that Block was cutting about 40% of its staff. It could be a sign of what's to come. Some workplace observers say they see leaders conducting layoffs to signal that AI investments are paying off. There is a chance that companies could cut too deeply, risking the loss of critical skills. AI can do a lot. Showing it's paying off is another matter. As companies pour...