{"id":360272,"date":"2026-02-28T05:14:09","date_gmt":"2026-02-28T05:14:09","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/360272\/"},"modified":"2026-02-28T05:14:09","modified_gmt":"2026-02-28T05:14:09","slug":"what-is-block-jack-dorseys-firm-that-laid-off-4000-people-due-to-ai-blocks-shares-surged-after-layoffs-inshorts-inshorts","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/360272\/","title":{"rendered":"What is Block, Jack Dorsey&#039;s firm that laid off 4,000 people due to AI? | Block&#039;s shares surged after layoffs | Inshorts &#8211; Inshorts"},"content":{"rendered":"<ol>\n<li><a href=\"https:\/\/news.google.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?oc=5\" target=\"_blank\" rel=\"nofollow noopener\">What is Block, Jack Dorsey&#8217;s firm that laid off 4,000 people due to AI? | Block&#8217;s shares surged after layoffs | Inshorts<\/a>&nbsp;&nbsp;Inshorts<\/li>\n<li><a href=\"https:\/\/news.google.com\/rss\/articles\/CBMihgFBVV95cUxOMWE4b1JZbXYwSDBsYVZOV0thcVhqRU8xVDJVd2t2eHVrai03OUdQeWN3bFhuZGg5QmVack5SbjBacGpLaHg2SGxnLWMxbFRyYjdfcDZPS3BYSTZqYWNpZmpZRnYwcG5TMTR1Q2htN1F0TmY4ZWU3Q2xJSkNyb3FrNHRCV1dXQQ?oc=5\" target=\"_blank\" rel=\"nofollow noopener\">Jack Dorsey to cut 4,000 jobs due to AI advances at Square parent Block<\/a>&nbsp;&nbsp;The Guardian<\/li>\n<li><a href=\"https:\/\/news.google.com\/rss\/articles\/CBMifEFVX3lxTFB3QnRvSWc5aWlTeW04QVhEZnhLaTdTSHdxSlk0aEtRSFRrUFd0dXFfNkU5TEUtSUdFc01IdnR3bDU4Sm1hMEplbWl1Qjg1MFA4MG91X1B3UFJBYWFEcGNWSjNGRzN4b2ROUzFUQmJVSkp1U3NPQTE3Q09oaUQ?oc=5\" target=\"_blank\" rel=\"nofollow noopener\">Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same<\/a>&nbsp;&nbsp;CNN<\/li>\n<li><a href=\"https:\/\/news.google.com\/rss\/articles\/CBMipgFBVV95cUxPN0d2XzY5dXFEUFJNVjBpQTFJSzVYMDlleERFYXFQWXlWQWRoVnA3S2YtNnBlbk1kcEloOXdwNjQ0Q09WYklyUVJuVVpYcWdNMHpxOFZoTnZCcWgzdko4UHNvUnRUZlNHaXlqbVljLTBSUldtZmFJYzhkbzBoSVczOGg1UlVWQVpiNVlrS21uSUxfdW1ueDFudkFlWmVHQ2o5TG1Id2xn0gGrAUFVX3lxTE9HdmVSLWw0dGkzSHpjS2hJcy1zcDY2UFVxNk1LaVdpNlpGVTA5cEtwTXYxc0s2MV9kVU9pU2EwZU54alVuSTM0QWpnYmNzZ1dwS2dVdUZHcE84Y1J2NDNuMjJOUXNZQUc1Vi1IZDZuenFidzRQX3FRRUhadzhLMEdtRnltc21FRXFGeXdBTFBnUHFnOUZVVHJsX3ZUemJxOXZMX2hZS2VIYjY2SQ?oc=5\" target=\"_blank\" rel=\"nofollow noopener\">Block shares soar as much as 24% as company slashes workforce by nearly half<\/a>&nbsp;&nbsp;CNBC<\/li>\n<li><a href=\"https:\/\/news.google.com\/rss\/articles\/CBMiiwFBVV95cUxNSHVabml4TjRsc0s0dWdVQjZTTFJYYTl5NDFBVkY1UGdsY3hWWlU2S3MwNFZLck9SUTFlUVBuM0ZYU1NfVFZiVGtmY0wxeWVET1pGOUx4ZDIwQXBfWVNzc2hWNXRIVWlUeUczb2xMeEY1MnEzd04zd2ZJZDFrdnd0Wk1JTXUybFpaQThJ?oc=5\" target=\"_blank\" rel=\"nofollow noopener\">Financial services company Block to lay off almost half its staff and replace them with AI<\/a>&nbsp;&nbsp;The Journal<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"What is Block, Jack Dorsey&#8217;s firm that laid off 4,000 people due to AI? | Block&#8217;s shares surged&hellip;\n","protected":false},"author":2,"featured_media":360273,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[257],"tags":[168036,67993,9,79,1734,7131,1063,168035,18,6262,19,17,73873,76163,11,3136,279,5,7128,237,82,20205,1210,7130,7129,7127],"class_list":["post-360272","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mobile","tag-168036","tag-block","tag-breaking-news","tag-business","tag-current-affairs","tag-current-news","tag-daily-news","tag-dorseys","tag-eire","tag-firm","tag-ie","tag-ireland","tag-jack","tag-laid","tag-latest-news","tag-local-news","tag-mobile","tag-news","tag-news-online","tag-people","tag-technology","tag-that","tag-what","tag-7130","tag-7129","tag-7127"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116146553658378694","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/360272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=360272"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/360272\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/360273"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=360272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=360272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=360272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}