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Curated from External Source
en.eloutput.comMonday, March 2, 20264 min read

Curated and analyzed by the JobGoneToAI team. Original reporting by en.eloutput.com.

Jack Dorsey Cuts 4,000 Jobs at Block, Citing AI as the Driving Force

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Jack Dorsey lays off 4.000 employees and replaces them with AI

— en.eloutput.com

Key Takeaway

Jack Dorsey has announced the layoff of 4,000 employees at Block, attributing the decision to the increased use of artificial intelligence. This move reflects a broader trend of job cuts across various sectors as companies seek efficiency through automation.

From the Original Report

The output » News » General Jack Dorsey lays off 4.000 employees and bets everything on AI Jack Dorsey cuts almost 50% of Block's staff and directly links the decision to the intensive use of artificial intelligence. The stock market rewards the movement: shares rise around 23% as the idea of ​​doing more with fewer people takes hold.

Experts and consultants warn that many companies are laying off employees because of the promise of AI, not because of its actual results, and they speak of "AI washing". The new paradigm poses a particular threat to entry-level jobs and Generation Z, with the risk of work intensification and job relocation.

Alberto Navarro 01/03/2026 11:13 12 minutes The announcement of Jack Dorsey of firing some 4.000 employees de Block and replace a good part of their work with systems of Artificial Intelligence It has become one of the most talked-about corporate episodes about the impact of artificial intelligence on employment The decision, communicated to the

This is an excerpt. Read the full article at en.eloutput.com.

Original Source

Read original reporting at en.eloutput.com

JobGoneToAI curates, verifies, and adds original analysis to third-party reporting. We link to the original source so you can verify the facts yourself.

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