Jack Dorsey’s Block to Lay Off 40% of Its Workforce in AI Remake

Comments

• smeg@infosec.pub ⁨3⁩ ⁨days⁩ ago

  It has nothing to do with AI.

  They bet big on crypto and it hasn’t paid off for years. They continued hiring. Their stock has been flat or lowering for the past five years. They continued hiring.

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  • Rekall_Incorporated@piefed.social ⁨3⁩ ⁨days⁩ ago

    This is definitely senior goons at Block engaging in some opportunistic PR.

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• CompactFlax@discuss.tchncs.de ⁨3⁩ ⁨days⁩ ago

  If they didn’t have AI to blame, they’d call this a pivot (and the subtext would be they’re running out of funding). It’s not about AI.

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• state_electrician@discuss.tchncs.de ⁨3⁩ ⁨days⁩ ago

  Fucking asshole. We really do need to change the way we run businesses. Mainly by removing all billionaires.

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  • glowie@infosec.pub ⁨3⁩ ⁨days⁩ ago

    This is literally any business. My CEO is not even a millionaire but we had to cut staff. It’s about shit leadership.

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• ugandan_airways@lemmy.zip ⁨3⁩ ⁨days⁩ ago

  Jack Dorsey is such a fucking dork. A walking stereotype.

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