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.

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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.

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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

Jack Dorsey just laid off 40% of staff. He said he's still hiring AI engineers.

Tech Insider : Business
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

Jack Dorsey just gave us our first glimpse at how doomsday layoffs could work in the AI era — and it's bleak

Tech Insider : Business, Economy, Technology
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In a memo on X, Block CEO Jack Dorsey announced cuts to nearly half his workforce.

Joe Raedle/Getty Images

CEO Jack Dorsey issues a dire warning about AI's impact as he cuts Block by almost half

Tech Insider : Economy, Technology, Business
Block CEO Jack Dorsey.
Block CEO Jack Dorsey.

Joe Raedle/Getty Images

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