Block shares jumped more than 20% in premarket trading after CEO Jack Dorsey told employees the company will cut more than 4,000 roles and reorganize around an “AI-era” operating model. The reduction takes Block from more than 10,000 employees to...
The post Jack Dorsey’s Block AI Layoffs Spark Backlash: What This Means for Cash App Bitcoin Users appeared first on Coinpedia Fintech News
Jack Dorsey’s company, the parent behind Square, Cash App, and Afterpay, slashed its workforce from over...
