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Is Block’s Decision To Layoff 40% of Its Workforce A Bellwether Or Not?

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Last week Jack Dorsey, CEO of Block Inc. (makers of Square and CashApp) loudly announced plans to layoff 40% of its 10,000+ employees (4,000) and replace them with AI. The announcement was simple and there were few specifics about how this is going to take place.

LinkedIn shows around 13,000 employees with most in engineering, … Read more»

The post Is Block’s Decision To Layoff 40% of Its Workforce A Bellwether Or Not? appeared first on JOSH BERSIN.

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