Jack Dorsey’s fintech company Block is laying off over 4,000 of its roughly 10,000 employees, citing AI-driven efficiency gains, sending its shares up more than 20% in after-hours trading.

Jack Dorsey’s fintech company Block is laying off over 4,000 of its roughly 10,000 employees, citing AI-driven efficiency gains, sending its shares up more than 20% in after-hours trading.
Apnews
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