"This isn’t an AI story. It's organizational bloat wearing an AI costume." The post Jack Dorsey Isn’t Telling the Real Story About Block’s AI Layoffs, Insider Says appeared first on Futurism.

Block Inc. cuts 40% workforce under Jack Dorsey, shifting to AI, boosting shares despite fintech sector strain and risks.

Block slashes nearly half its workforce as Jack Dorsey credits AI tools for making thousands of roles redundant. Stock soars 22%.

Morgan Stanley Technology, Media & Telecom Conference 2026 March 3, 2026 2:30 PM ESTCompany ParticipantsAmrita Ahuja - ...

We recently published an article titled Why These 15 Large-Cap Stocks Are Plunging So Far In 2025. In this article, we are ...