Episode Details

Block Incorporated, the company behind Square, Cash App, and Afterpay, has started rehiring some of the four thousand workers it laid off in late February. The company, led by CEO Jack Dorsey, is shifting towards more artificial intelligence in its operations. Despite initial concerns about potential errors in the layoffs, Block has not responded to questions about how many staff are returning. Meanwhile, other crypto firms like the Algorand Foundation and Messari are also cutting staff due to market slumps and transitioning to AI-first approaches.

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