Financial services company Block to lay off almost half its staff and replace them with AI The JournalJack Dorsey’s Block cuts thousands of jobs as it embraces AI BBCBlock shares soar as much as 24% as company slashes workforce by nearly half CNBCJack Dorsey’s Block cuts 4,000 jobs, citing AI as the reason Silicon RepublicJack Dorsey lays off 4,000, says others will do same ‘within the next year’ SFGATE