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Jack Dorsey’s Block to cut workforce by ‘nearly half’ as it leans on AI tools

Group’s shares surge 25% as CEO says ‘most companies are late’ to realise how much technology will affect employment

26 Feb, 22:42 — 26 Feb, 22:42
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FTVery High51d ago

Jack Dorsey’s Block to cut workforce by ‘nearly half’ as it leans on AI tools

Group’s shares surge 25% as CEO says ‘most companies are late’ to realise how much technology will affect employment

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Coverage Timeline

First report: FT · 26 Feb, 22:42Full coverage: 2 · 7hWindow: 7h
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FT26 Feb, 22:42First to report

Jack Dorsey’s Block to cut workforce by ‘nearly half’ as it leans on AI tools

7h later
index-hr27 Feb, 05:59Latest update

Šef Blocka otpustio pola firme. "Većina tvrtki kasni, uskoro će napraviti isto"

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