{"id":225739,"date":"2026-02-27T20:12:07","date_gmt":"2026-02-27T20:12:07","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2026\/02\/27\/block-laying-off-more-than-4000-employees-or-about-half-of-its-headcount\/"},"modified":"2026-02-27T20:12:07","modified_gmt":"2026-02-27T20:12:07","slug":"block-laying-off-more-than-4000-employees-or-about-half-of-its-headcount","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2026\/02\/27\/block-laying-off-more-than-4000-employees-or-about-half-of-its-headcount\/","title":{"rendered":"Block laying off more than 4,000 employees, or about half of its headcount"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<blockquote class=\"bluesky-embed\" data-bluesky-uri=\"at:\/\/did:plc:dzezcmpb3fhcpns4n4xm4ur5\/app.bsky.feed.post\/3mfsj6iujpo22\" data-bluesky-cid=\"bafyreiepzr753tcabqkqfyls2c6hlyh6pigdviwxqpibo77vj4q3q65uve\" data-bluesky-embed-color-mode=\"system\">\n<p lang=\"\">Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: \u201cintelligence tools,\u201d according to a letter to shareholders by co-founder Jack Dorsey. <\/p>\n<p><a href=\"https:\/\/bsky.app\/profile\/did:plc:dzezcmpb3fhcpns4n4xm4ur5\/post\/3mfsj6iujpo22?ref_src=embed\" target=\"_blank\" rel=\"nofollow noopener\">[image or embed]<\/a><\/p>\n<p>\u2014 CNN (<a href=\"https:\/\/bsky.app\/profile\/did:plc:dzezcmpb3fhcpns4n4xm4ur5?ref_src=embed\" target=\"_blank\" rel=\"nofollow noopener\">@cnn.com<\/a>) <a href=\"https:\/\/bsky.app\/profile\/did:plc:dzezcmpb3fhcpns4n4xm4ur5\/post\/3mfsj6iujpo22?ref_src=embed\" target=\"_blank\" rel=\"nofollow noopener\">February 27, 2026 at 2:02 AM<\/a><\/p><\/blockquote>\n<p><a href=\"https:\/\/bsky.app\/profile\/cnn.com\/post\/3mfsj6iujpo22\" target=\"_blank\" rel=\"nofollow noopener\">source<\/a><\/p>\n<p>Block is Jack Dorsey&#8217;s latest technology company, it&#8217;s some kind of digital payment platform<\/p>\n<p>The company has been doing well, but yesterday Dorsey fired 4000 employees (40% of the company) bc AI can do the same jobs<\/p>\n<p>The stock went up  by 25% after the announcement<\/p>\n<p><i>Is AI coming to steal your job ontd?<\/i> <\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/ohnotheydidnt.livejournal.com\/131991464.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: \u201cintelligence tools,\u201d according to a letter to shareholders by co-founder Jack Dorsey. [image or embed] \u2014 CNN (@cnn.com) February 27, 2026 at 2:02 AM source Block is Jack Dorsey&#8217;s latest technology company, it&#8217;s some kind of digital payment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":225740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-225739","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hollywood"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/225739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=225739"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/225739\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/225740"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=225739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=225739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=225739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}