Jack Dorsey Block, the financial technology company that runs Square and Cash Apps, is cutting its workforce by “nearly half” and eliminating more than 4,000 jobs. The company will shrink …
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Future Tech
Square parent company Block has cut nearly half its workforce as AI takes over jobs. technology
Fintech company Block announced that it will lay off 4,000 of its 10,000 employees due to increased AI productivity. “Intelligence tools have changed what it means to build and run …
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Unlock Editor’s Digest for free FT editor Roula Khalaf selects her favorite stories in this weekly newspaper. The Block, the fintech group headed by Twitter co-founder Jack Dorsey, will cut …
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The European Union told Meta that it is violating anti-trust rules by blocking other companies’ AI chatbots on WhatsApp. one in strongly worded statement On February 9, the European Commission, …
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Unlock Editor’s Digest for free FT editor Roula Khalaf selects her favorite stories in this weekly newspaper. The heads of the European Union and South America’s Mercosur bloc have signed …