AI-Driven Layoffs: Block Fires 4000 of Its Workers

The CEO of Block and co-founder of Twitter, Jack Dorsey, is laying off 4000 out of its 10,000 workforce and warned that other tech companies would soon follow suit. Dorsey announced this in his annual letter to Block shareholders recently. The lay-off is in relation to the fast-growing capabilities of Artificial Intelligence (AI) tools, which […]