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Business Insider News source @businessinsider.com · New York City 🇺🇸· 4h

#AI #TechLayoffs #WorkplaceTransformation

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Jack Dorsey's layoff memo is an ominous sign of what could come next
The move raises questions about whether other firms may follow suit as AI transforms workplaces. CEO Jack Dorsey is departing from the classic tech layoff playbook -- and it could be a sign of what's to come.
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CNN International News source @edition.cnn.com · Atlanta, Georgia 🇺🇸· 4h

#AI #JobMarket #TechLayoffs

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