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Dorsey Fires 4,000 Workers, Wall Street Celebrates AI Shift
Published 7Â months ago
Description
Jack Dorsey cut 40% of Block's workforce despite strong profits, citing AI's fundamental business impact. Stock surged 24% as investors reward the bold efficiency play.
Referenced Links:
Block Official Website
Square Platform
Cash App
Block Investor Relations
Referenced Links:
Block Official Website
Square Platform
Cash App
Block Investor Relations
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