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572 Jack Dorsey's Block Accused of 'AI-Washing' to Excuse Laying Off Nearly Half Its Workforce

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EditorDavid @ Slashdot · 03/08/2026 12:34 EDT

Jack Dorsey's Block Accused of 'AI-Washing' to Excuse Laying Off Nearly Half Its Workforce

When Block cut 4,000 jobs — nearly half its workforce — co-founder Jack Dorsey "pointed to AI as the culprit," writes Entrepreneur magazine. "Dorsey claimed that AI tools now allow fewer employees to accomplish the same work."

"But analysts see a different explanation: poor management."

Block more than tripled its employee base between 2019 and 2022, growing from 3,835 to 12,430 workers. The company's stock had fallen 40% since early 2025, creating pressure to cut costs. "This is more about the business.

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