Jack Dorsey's Block lays off 40% of employees due to AI innovation.

Jack Dorsey's companies announced it's going to cut set 40% of the workforce. And Dorsy says intelligence tools are quote fundamentally changing how to run a company. >> His note to employees cold comfort to the folks who are getting laid off because of AI.It is a move where I think he says that they may end up regretting this. Posted on a different note that he's grateful for what they've done. There's a severance 20 week severance.>> They're getting decent severance. >> They're saying that it's not an iss ...