Topic
Financial Technology
1 stories related to this topic, newest first.
thejournal.iefinance8 hrs ago
Block Cuts 40% of Workforce for AI Productivity Gains
Block announced a reduction of 40% of its workforce, attributing the move to productivity improvements from artificial intelligence. The company's leader stated that AI enables a new way of working. This restructuring is expected to affect around 4,000 jobs.
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