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
Jack Dorsey headshot orange background
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

Jack Dorsey says he's cutting nearly half of his staff — 4,000 jobs — at Block. Read the memo.

Tech Insider : Business
Jack Dorsey, CEO of Block, at the Bitcoin 2021 Conference.
Jack Dorsey used Goose, Block's AI code editing tool, while creating his Bluetooth mesh messaging app Bitchat.

MARCO BELLO/AFP via Getty Images

Why your coworker is pretending to be so busy

Tech Insider : Business
Commuters pass the New York Stock Exchange
Morning commuters pass the New York Stock Exchange, Tuesday, Jan. 20, 2026.

Richard Drew/Associated Press

What to do after a layoff, from dealing with your 401(k) and health insurance to negotiating severance

Tech Insider : Economy, Business, Technology
Collage showing workers' fear of recession, layoffs
Layoffs are generally stressful, yet taking certain steps can help you regain a sense of control.

Getty Images; Jenny Chang-Rodriguez/BI

You could burn through $50,000 covering an unemployment stint in today's market

Tech Insider : Economy, Business, Style
Joanelle Cobos (left), Clair Todd (right)
Joanelle Cobos (left) and Clair Todd (right) prepared financially for layoffs but faced a challenging job market.

Joanelle Cobos (left), Clair Todd (right)

I lost my job at 58 when DOGE dismantled USAID. A year on, I've landed on my feet but still feel survivor's guilt.

Tech Insider : Politics, Business
Jay Gulledge in Pakistan
Jay Gulledge, 59, worked for USAID until March 2025.

Courtesy of Jay Gulledge

Andrew Yang says mass white-collar layoffs are closer than people think

Tech Insider : Technology, Business
Andrew Yang, founder of the Forward Party and CEO of Noble Mobile, points while speaking against a black backdrop.
Andrew Yang is the CEO of Noble Mobile and founded the Forward Party.

PATRICK T. FALLON/AFP via Getty Images

I got laid off and used my severance money to launch a startup. Here's why it felt like less of a gamble than pursuing an MBA.

Tech Insider : Business, Sports, Technology
Sam Perry headshot
Sam Perry, 40, was laid off in 2022.

Courtesy of Sam Perry

Meta says it won't chop the bottom 5% performers this year

Tech Insider : Business
Mark Zuckerberg
Mark Zuckerberg, CEO and founder of Meta

David Paul Morris/Bloomberg/Getty Images/Reuters

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