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Block plans to lay off nearly half its staff in ‘deliberate and bold’ embrace of AI

‘Intelligence tools have changed what it means to build and run a company,’ CEO Jack Dorsey says

BusinessBy Wire ServicesFebruary 26, 20261 min read

Last updated: June 14, 2026, 1:37 PM

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Block plans to lay off nearly half its staff in ‘deliberate and bold’ embrace of AI

‘Intelligence tools have changed what it means to build and run a company,’ CEO Jack Dorsey says

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