JackDorsey lays off 40% of Block because of AI and ... - Fortune
Feb 27, 2026 · The former Twitter CEO said AI was “enabling a new way of working” as his company scales back itsworkforce as a result of AI productivity gains.
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Feb 27, 2026 · The former Twitter CEO said AI was “enabling a new way of working” as his company scales back itsworkforce as a result of AI productivity gains.
Mar 2, 2026 · When Block Inc. cut 4,000 jobs this week, nearly half itsworkforce, co-founder JackDorsey pointed to AI as the culprit. Dorsey claimed that AI tools now allow fewer employees to accomplish the ...
Mar 5, 2026 · Last week, Block CEO JackDorsey laid off roughly 4,000 employees, attributing the massive workforce reduction to the rise of artificial intelligence and what he described as a new way of running ...
Feb 27, 2026 · Payments company Block announced it’s laying off 40% of its staff. According to Chairman and founder JackDorsey: “This decision comes from a position of strength. Intelligence tools have ...
Mar 8, 2026 · Current and former Block workers say AI can’t do their jobs after JackDorsey’s mass layoffs: ‘You can’t really AI that’
Mar 2, 2026 · NEW YORK – When Block laid off nearly half its staff last week, co-founder JackDorsey offered a seemingly simple explanation: Artificial intelligence was allowing the fintech company to do more ...
Feb 27, 2026 · Twitter co-founder JackDorsey says his technology firm Block is laying off almost half itsworkforce because artificial intelligence (AI) "fundamentally changes what it means to build and run a ...