{"id":509579,"date":"2026-02-28T11:23:11","date_gmt":"2026-02-28T11:23:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/509579\/"},"modified":"2026-02-28T11:23:11","modified_gmt":"2026-02-28T11:23:11","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.newsbeep.com\/au\/509579\/","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":"<p><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<a href=\"https:\/\/news.google.com\/rss\/articles\/CBMi6wFBVV95cUxQWWpXb0t5QkN3NzdPdXpNdlZwRWZ4OHpSeW5FQXgzSW5OOTNtZmQ2NExlMXhJdnVTZWNOVEdqa3Nza3hnTEhtS2VMTWtRUW50ZDRsb1RXNjNQUVd3ZXk2MFlJWE1iSzVWX0ZFM1FlSXFSdTU1QU5JWWlpNXh0UHhSdVdza3dNMFlWUmpJNHpsRS1jNmxyR2Nack9hbDlWZVpkeXZCOHJ3Wko2Y1BINHFUZWpRa3RUTURYejc0S3BVeEJDV0Y2ck9YZEdraUlGVXNVaEV2c0dXclhHQWo5a0lHOV9PeWJkeWZhQ0M0?oc=5\" target=\"_blank\" rel=\"nofollow noopener\">4000 axed as boss admits AI changed game<\/a>&nbsp;&nbsp;News.com.au<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<a href=\"https:\/\/news.google.com\/rss\/articles\/CBMifkFVX3lxTE9JUHBDcndqMVhicG5kd3NhVEpKczIyNEJ0ZzItRms3NlZFMWdyQkMyXzF4NlhGN0RsNUN2eGE4RTBHWFZpenFDTDZUdnJlQmE1QjlTcjdfZDNXamY4WXZkdU02UHVGZWJvTUJKSFVsZE81VW9RSnk2c0lRQmV0QQ?oc=5\" target=\"_blank\" rel=\"nofollow noopener\">Stock of the day: Block<\/a>&nbsp;&nbsp;ig.com<a href=\"https:\/\/news.google.com\/rss\/articles\/CBMivwFBVV95cUxOODJJa0VHMVVPUnJsdk5ZMHVmUlNreVRpaFducHVFOUZQVnlwZ1l4aENtQnlGTGpyOG05eENPVzdfcWZzTm53elFiUXEwSTAyek5LZ3FOYXE4WVBpenNJbjlRUnJrTWplRTMteDdHOHVQZlhFQ3M0LVZyeVF3TmNBTWdTQ1cxR1pIYnNwLVhTNnlfd2FTOF9vMUJ0ejRLajBZMGtLRFU1ZTNxMmhUSW9xZTRkODM0d1VxRW9kNnpaUdIBeEFVX3lxTE42Z2lXVUkzZG9aNDA4eFZDX040SVVqNHVfVFRwWnlmYWJjbGFSampfQUR0djAybkRPVTBxY290V3k2dXZTbVdpSU5iZkVqZW02Z2FHYjRCZWdxaTE3cEdZQzU2c2RycjZEeUo2b1hBN0ZvMkpnWEY2ag?oc=5\" target=\"_blank\" rel=\"nofollow noopener\">Hundreds of Australians potentially impacted as tech giant axes 4000 jobs globally<\/a>&nbsp;&nbsp;9News.com.au<\/p>\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":509580,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[255581,64,63,43405,1348,99,1589,25499,3355,255580,58430,14595,88848,1347,2289,203,44,25496,1861,105,9501,316,25498,25497,25495],"class_list":{"0":"post-509579","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mobile","8":"tag-255581","9":"tag-au","10":"tag-australia","11":"tag-block","12":"tag-breaking-news","13":"tag-business","14":"tag-current-affairs","15":"tag-current-news","16":"tag-daily-news","17":"tag-dorseys","18":"tag-firm","19":"tag-jack","20":"tag-laid","21":"tag-latest-news","22":"tag-local-news","23":"tag-mobile","24":"tag-news","25":"tag-news-online","26":"tag-people","27":"tag-technology","28":"tag-that","29":"tag-what","30":"tag-25498","31":"tag-25497","32":"tag-25495"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/509579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=509579"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/509579\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/509580"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=509579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=509579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=509579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}