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Author name: Ramishah Maruf

Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same

date Feb 27, 2026

block lays off nearly half its staff because of AI. co-founder says most companies will follow suit in the near future. block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%.

Source: cnn.com

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