Twitter founder’s tech firm launches ‘biggest corporate job cull’ in US history

Jack Dorsey told investors that AI had ‘changed what it means to build and run a company’ - Reuters The founder of Twitter has cut 4,000 roles at his tech company, in what is believed to be the deepest round of job cuts in US stock market history. Jack Dorsey confirmed plans to axe nearly half of Block’s 10,000-strong workforce overnight on Thursday, telling investors that AI had “changed what it means to build and run a company”. The axing of 40pc of the company’s workforce in a single blow is thought ...