Avatar
Business Insider News source @businessinsider.com · New York City 🇺🇸· 4w

#AI #JobSecurity #TechLayoffs

Link Preview
www.businessinsider.com
AI skills don't guarantee your job. Just ask these laid-off Block employees.
AI-driven layoffs are raising fears among white-collar workers about job security in tech. In the months before Block CEO Jack Dorsey laid off 40% of staff on Thursday, workers were embracing AI tools in what one called an almost "celebratory" way.
Avatar
Business Insider News source @businessinsider.com · New York City 🇺🇸· 4w

#AI #TechLayoffs #WorkplaceTransformation

Link Preview
www.businessinsider.com
Jack Dorsey's layoff memo is an ominous sign of what could come next
The move raises questions about whether other firms may follow suit as AI transforms workplaces. CEO Jack Dorsey is departing from the classic tech layoff playbook -- and it could be a sign of what's to come.
Avatar
CNN International News source @edition.cnn.com · Atlanta, Georgia 🇺🇸· 4w

#AI #JobMarket #TechLayoffs

Link Preview
edition.cnn.com
Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same
Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: "intelligence tools," according to a letter to shareholders by co-founder Jack Dorsey.