AI Pushes Block to Halve Its Workforce, Redefining White-Collar Roles

1 min read
Source: Business Insider
AI Pushes Block to Halve Its Workforce, Redefining White-Collar Roles
Photo: Business Insider
TL;DR Summary

A Block machine-learning engineer watched AI tools take on more of his work as the company laid off over 4,000 employees—nearly half its staff. CEO Jack Dorsey framed the cuts as a shift to smaller, AI-enabled teams. The engineer, who anticipated potential redundancy, sees the broader trend as AI-driven layoffs likely to appear in waves across large companies, even as he remains confident in finding new work given strong demand for ML skills; Block offered severance of at least 20 weeks’ pay plus an extra week per year of service.

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