{"id":314180,"date":"2026-02-28T05:10:08","date_gmt":"2026-02-28T05:10:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/314180\/"},"modified":"2026-02-28T05:10:08","modified_gmt":"2026-02-28T05:10:08","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\/il\/314180\/","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\/CBMid0FVX3lxTE9ZRXZZV1YzTUFLSGJxWUwtTkpWWS05ektnVTBFNmVPaWtKVVp6clJiM3dCZW5DUndDR2pGM0RpVFJVOUgyWC1JNlRYZERLdVFVNDI5eE9xNHFHVGt1a2NUYWI1SmRqSDFHQXJ5Q1JmaVNrZ3JvZ2Fv?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<a href=\"https:\/\/news.google.com\/rss\/articles\/CBMitgFBVV95cUxOTXhBbmpzQ1dmcldMN0hKV21JNS1kUHkwOHVPRm1ramJvN2VhR0pCSFFoWjBZWEFncXcxT2I3b2JiZkhMcFItUTlHbDFzUEJWWEwwWTBKR1VQYzJ0UldPT0RGZ0hSXzhRNzBIN2xJcnR2TFhSTi1xSVNiWDV3NVU0UFRSdUtfTWhmazJtLU9mYnFidUxIbW51Qk92LUlwN2hxd2FZMFJuekl3ZV91ZGxBMlRJRU96Zw?oc=5\" target=\"_blank\" rel=\"nofollow noopener\">AI skills don&#8217;t guarantee your job. Just ask these laid-off Block employees.<\/a>&nbsp;&nbsp;Business Insider<a href=\"https:\/\/news.google.com\/rss\/articles\/CBMif0FVX3lxTE40UUo2Z0hFWEZleWVwYWhqTk82b25qYU1jQkZwUDl6TXoxc3A5ZU94YThUcWxVdWNXVFlNQUJJSjh6cXlUWndaZm5uVDQ0RkRIR1NHMnlRTUJocXV0NVhHbURzM3AzUnRWNHItRVZqdS1GODQzWHExdm0xbV9QQVE?oc=5\" target=\"_blank\" rel=\"nofollow noopener\">Jack Dorsey lays off 4,000, says others will do same &#8216;within the next year&#8217;<\/a>&nbsp;&nbsp;SFGATE<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<\/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":314181,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[157093,5598,220,114,904,903,899,157091,19784,85,46,52411,157092,630,224,321,43,900,1266,125,5798,5392,902,901,898],"class_list":{"0":"post-314180","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mobile","8":"tag-157093","9":"tag-block","10":"tag-breaking-news","11":"tag-business","12":"tag-current-affairs","13":"tag-current-news","14":"tag-daily-news","15":"tag-dorseys","16":"tag-firm","17":"tag-il","18":"tag-israel","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-902","31":"tag-901","32":"tag-898"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/314180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=314180"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/314180\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/314181"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=314180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=314180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=314180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}