Business Insider

Jack Dorsey outlines how AI will change Block's org chart — and replace managers with 'player-coaches'

Jack Dorsey and Roelof Botha outlined Block's AI future one month after its sweeping 40% layoffs. The company will have three types of roles, they wrote. "Player-coaches" will replace managers.
CoinTelegraph

Dorsey shares AI-integrated workplace vision weeks after Block’s 40% staff cut

Block cut 4,000 of its staff in February as part of its AI-driven pivot. A new post by Block's Jack Dorsey has shed light on how the company and others might operate in the future. Block co-founder ...
Wall Street Journal

Block CFO Says Deep Job Cuts From AI Are an Inevitability for Companies

A panel of executives offer a data-centric view of the economy, focusing on consumer health, labor-market shifts and the integration of AI at companies. Photo: Nikki Ritcher for WSJ PALO ALTO, ...
Construction Equipment

Breaker Buying Guide: Selection, Maintenance, and New Hammer Options

Photo provided by Blue Diamond Attachments. A lot of jobsites need something broken. Concrete, rock, frozen ground, old bridge decks — it all eventually meets a hammer. So, just bolt a hammer to an ...
Superhero Hype

Wind Breaker Chapter 210 Release Date Time & Where To Read Manga

Curious about the official release date and time for Wind Breaker Chapter 210? As the series continues to deliver high-stakes clashes and emotionally layered storytelling, anticipation for the next ...
The New York Times

I Worked for Block. Its A.I. Job Cuts Aren’t What They Seem.

Mr. Zamost was the head of communications, policy and people at Square, now known as Block, from 2015 to 2020. See more of our coverage in your search results.Encuentra más de nuestra cobertura en los ...
Wall Street Journal

Jack Dorsey Blamed AI for Block’s Massive Layoffs. Skeptics Aren’t Buying It.

In September, payments firm Block Inc.XYZ2.75%increase; green up pointing triangle gathered 8,000 of its employees from around the globe to California for an extravaganza celebrating the company’s ...
Los Angeles Times

AI-washing: How companies like Block may use AI as a layoff excuse

When Block Inc. laid off nearly half its staff last week, co-founder Jack Dorsey offered a seemingly simple explanation: Artificial intelligence was allowing the company to do more with fewer ...
Business Insider

Here is how Block's severance package compares to other tech companies in past layoffs

Jack Dorsey's Block is laying off nearly half of its employees, equivalent to about 4,000 jobs. The financial services company has earned some praise for its severance package. Here's how it compares ...
Forbes

Block Lays Off 40% Of Staff And Blames It On AI. Don’t Buy The Excuse.

Payments company Block announced it’s laying off 40% of its staff. According to Chairman and founder Jack Dorsey: “This decision comes from a position of strength. Intelligence tools have changed what ...
Investopedia

Block Lays Off 40% of Staff Citing AI. CEO Dorsey Says Other Firms Will Make Similar Moves.

Shares of Block surged Friday after the fintech company announced plans to lay off nearly half of its staff. Almost 30,000 people across 45 tech companies have been laid off since the start of the ...
Forbes

Block Shares Surge 19% After Jack Dorsey Cuts Workforce Nearly In Half

Billionaire Jack Dorsey’s Block surged in premarket trading on Friday, after he announced the financial tech firm would cut its workforce nearly in half as he anticipates AI to increase efficiency, ...