# Jack Dorsey
Latest news and articles about Jack Dorsey
Total: 2 articles found
When Efficiency Becomes a Rationale: Block’s AI-Driven Layoffs and the New Corporate Playbook
Block’s sudden axing of nearly 40% of its workforce is a clear example of companies embracing AI to restructure operations even when financially healthy. The decision crystallises a wider tension: investors reward efficiency gains, but rapid automation threatens consumption, customer trust and jobs, prompting urgent questions about policy and corporate responsibility.
When AI Is the Official Reason for Layoffs: How Block’s Cut Rewrites the Job Contract
Jack Dorsey’s announcement that Block will cut nearly half its staff and explicitly attribute the move to AI represents a turning point: profitable companies can now publicly justify large-scale layoffs on automation grounds. The market’s positive reaction and similar moves by major firms suggest a structural, not cyclical, shift in employment that erodes traditional entry-level pathways and disperses accountability for job loss.