Block lays off nearly half its staff because of AI. Its CEO said most ...
17 hours ago · 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.
BLOCK Definition & Meaning - Merriam-Webster
The meaning of BLOCK is a compact usually solid piece of substantial material especially when worked or altered to serve a particular purpose. How to use block in a sentence.
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BLOCK | definition in the Cambridge English Dictionary
BLOCK meaning: 1. the distance along a street from where one road crosses it to the place where the next road…. Learn more.
Block plans to lay off nearly half its staff in ... - Morningstar
18 hours ago · Block, the parent company of Square and the Cash App, is conducting a major reorganization in the age of artificial intelligence. The payment-technology company plans to cut …
Block Cuts 40% of Its Work Force Because of Its Embrace of A.I.
17 hours ago · Block, the financial technology company that owns Square, Cash App and Tidal, said on Thursday that it was cutting 40 percent of its work force as it embraced new artificial intelligence tools.
Fintech company Block lays off more than 4,000 people, citing AI | AP …
Shares in the financial technology company Block have soared more than 20% in after-hours trading after its CEO announced it was laying off more than 4,000 of its 10,000 some employees due to …
Block to cut more than 4,000 jobs amid AI disruption of the workplace
17 hours ago · Block is the latest tech company to announce massive cuts as employers push workers to use more AI tools to do more with fewer people.
Block
Made up of Square, Cash App, Afterpay, TIDAL, Bitkey, and Proto, Block, Inc. builds technology to increase access to the global economy.
BLOCK definition in American English | Collins English Dictionary
If you block something that is being arranged, you prevent it from being done. For years the country has tried to block imports of various cheap foreign products.