Block, the payments company founded by Jack Dorsey that includes Square and Cash App, said Thursday that it plans to lay off 40% of its workforce, or more than 4,000 employees. Dorsey alluded to ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Dorsey's move to reduce Block's headcount from more than ...

Back in 2015 we looked at an interesting approach to automated construction in the form of a brick-laying robot, capable of putting together full-sized homes in just two days. The engineers behind the ...

A wave of discontent is building inside Block after chief executive Jack Dorsey credited artificial intelligence in a recent major lay-off that impacted nearly half of its workforce, according to ...

Block, the parent company of payment apps Square, Cash App and Afterpay, is laying off more than 40 percent of its staff, pointing to recent advancements in AI that are "enabling a new way of working.

new video loaded: Block Uses A.I. as Excuse for Laying off 40% of the Company transcript The financial services company Block recently laid off nearly 40 percent of its employees. On “Hard Fork” from ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Block Inc., the financial ...