A software CEO called me on the weekend recently with painful predictions. One is already coming true.

Tech Insider : Business
The Atlassian logo on a Formula 1 car
The Atlassian logo on a Formula 1 car

Marcel van Dorst/Reuters

Block employee says the company dangled a 75% pay raise to get her to stay after layoffs — but she decided to quit

Tech Insider : Business
Jack Dorsey Block CEO
Jack Dorsey

Rolf Vennenbernd/picture alliance via Getty Images

Salesforce CEO says Block's cuts shouldn't fuel worries of mass layoffs: 'That company has its own unique issues'

Tech Insider : Business
Salesforce CEO Marc Benioff onstage at his company's annual Dreamforce in San Francisco, September, 2024.
Salesforce CEO Marc Benioff says up to 50% of his company's work is now being performed by AI. Really?

Brontë Wittpenn/San Francisco Chronicle via Getty Images

The Block layoffs are just the beginning

Tech Insider : Business, Technology
Employee at computer.

Getty Images; BI

Here is how Block's severance package compares to other tech companies in past layoffs

Tech Insider : Business
Block CEO Jack Dorsey
Block CEO Jack Dorsey.

Joe Raedle/Getty Images

Inside Block's AI push that ended in pink slips

Tech Insider : Business, Technology
Jack Dorsey
Jack Dorsey's Block is looking for more senior AI engineering talent amid a 40% workforce reduction at the company.

Marco Bello/AFP via Getty Images

Amazon CEO says many jobs we've 'thrown human beings at' for the last 20-30 years won't need as many humans

Tech Insider : Business, Technology
Amazon CEO Andy Jassy
Amazon CEO Andy Jassy

Thos Robinson/Getty Images for The New York Times

Jack Dorsey says Block overhired during COVID, but to blame layoffs on that alone 'misses all the complexity'

Tech Insider : Business
Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square speaks on stage at the Bitcoin 2021 Convention.
Jack Dorsey told Block staff that the layoffs were not due to AI.

Joe Raedle/Getty Images

Jack Dorsey struck an 'empathetic' tone as he laid off nearly half of Block

Tech Insider : Business, Technology
Block CEO Jack Dorsey/
Jack Dorsey's approach to layoffs at Block struck a different tone than other tech sector cuts.

MARCO BELLO/AFP via Getty Images

Here's what smart people are saying about Jack Dorsey slashing Block's workforce

Tech Insider : Business
Jack Dorsey in a jacket in front of shelves with kitchenware.
Jack Dorsey's Block cut roughly 4,000 jobs.

Uncredited/AP

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