Block cuts nearly half its workforce as Dorsey credits AI, but the real reasons predate the hype

Matthias Bastian / the-decoder - Jack Dorsey blames AI for cutting nearly half of Block's workforce. But a closer look at the company's history of overhiring and structural problems tells a different story.The article Block cuts nearly half its workforce as Dorsey credits AI, but the rea…

#ai #automation #fintech #digitaltransformation #genai #stockmarket #business #jobs #payments #layoffs

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