Jack Dorsey just halved the size of Block’s employee base — and he says your company is next
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Jack Dorsey announced Block is cutting over 4,000 employees — nearly half its global workforce — reducing headcount from 10,000+ to under 6,000. The move, framed as AI-driven and proactive rather than reactive, sent Block's stock up 24% in after-hours trading. Dorsey predicted most companies will reach the same point within a
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