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Jack Dorsey's chilling warning about job apocalypse – as he cuts 4,000
California Post· 2026-02-27 00:45
Twitter co-founder Jack Dorsey is axing more than 4,000 employees at his fintech company Block — slashing the workforce by nearly half in what he called a necessary shift toward ‘intelligence tools.’Dorsey sent a letter to shareholders saying the company, which owns Square, Cash App and Afterpay, will reduce 10,205 staff to just under 6,00. 3 Jack Dorsey’s Block, which owns Square and Cash App, is cutting 4,000 jobs, or 40% of its workforce. Bloomberg via Getty Images 3 The company said it expects to in ...