Block is the latest business to announce layoffs, with the operator of payment platforms Square and Cash App opting to cut jobs in favor of using more AI tools. The financial tech company, helmed by Twitter founder Jack Dorsey, is slashing its current staff of 10,000 to "just under 6,000." CNBC highlighted a letter Block sent to shareholders announcing the decision to nearly halve its workforce. According to the message from Dorsey:
17:19, 27 февраля 2026Силовые структуры
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The musician is speaking to the BBC from the hip Ace Hotel in Sydney, where she's based while performing over two consecutive weekends at Australia's Laneway Festival.
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