Block's Dorsey Envisions an AI-Driven Rebuild After Major Layoffs

In a WIRED interview, Jack Dorsey explains Block cut about 40% of its staff to rebuild as an “intelligence”—a lean, AI-first company with a conversational AI layer and an open, decentralized protocol mindset. He frames the layoffs as a proactive shift driven by advancing AI tools, aiming to move away from traditional hierarchies toward a company organized around an AI core that customers can interact with and customize. He contrasts Block’s path with Elon Musk’s Twitter changes and emphasizes decentralization, Bitcoin openness, and a future where AI reshapes how work and products are built.