Jack Dorsey testifying before the Senate via U.S. Senate The age of AI is in full swing, but for some workers, it is ushering in uncertainty rather than opportunity. Jack Dorsey, founder of Twitter and now CEO of Block, has announced that Block will lay off nearly half its employees to implement more AI tools across its tech platforms. Block, which owns Cash App and Square, will cut 4,000 employees, which makes up 40% of its employees. In a memo issued by Dorsey, he wrote, “We’re reducing our organization by nearly half, from over 10,000 people to just under 6,000.” Block CFO Amrita Ahuja followed up on Dorsey’s memo by adding, “We see an opportunity to move faster with smaller, highly talented teams using AI…
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