Dorsey
The first Block fallsThe AI-driven job apocalypse is no longer a hypothetical.Block CEO and cofounder Jack Dorsey gutted his fintech company, restructuring it into smaller, flatter teams built to move fast and embrace what he calls “a new way of working.”He put it bluntly: “we’re not making this decision because…
White-collar workers, beware.CEO Jack Dorsey is departing from the classic tech layoff playbook — and it could be a sign of what’s to come.In a post on X on Thursday, the billionaire said he’s slashing nearly half Block’s workforce, cutting its over 10,000-person staff to just under 6,000. He said…
2026-02-26T21:36:20.410Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log…







