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News@lemmy.world · 10 days ago

Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same

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Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same

return2ozma@lemmy.world to

News@lemmy.world · 10 days ago

Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same | CNN Business

Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey.

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CharlesDarwin@lemmy.world
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9 days ago
It seems some companies are still keeping their pipelines going.

I wonder what they know that all the vibe-coding C-suite types in other companies don’t know?
- SeductiveTortoise@piefed.social
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  9 days ago
  My guess would be: a lot

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