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The Latest Breaking News from Block

Kevin O'Leary Says Content Creators Are Now More Valuable Than Engineers — And Some Already Earn $500K

Shark Tank's Kevin O'Leary says social media creators in his companies now earn up to $500,000 a year as AI reshapes which skills are most valued.

International Business Times UK

Jeff Bezos rejects AI-induced job-loss fears, says the technology will ‘elevate’ workers

Amazon founder Jeff Bezos dismissed AI job loss fears, predicting it will instead create labour shortages and boost worker productivity. He argued that AI will augment human roles, not replace them entirely, enabling work at a higher level. This comes amid layoffs at the company, though Bezos claims they weren't…

The Economic Times

Block’s Pivot to Profits and AI Is Turning Heads

Block stock is gaining attention after strong earnings, rising profitability, AI initiatives, and higher guidance despite regulatory and valuation concerns.

MarketBeat

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‘I didn’t want to be the guinea pig’: inside tech’s AI-fueled manager purge

Tech workers say AI-driven restructurings are eroding mentorship, support and paths to promotion across Silicon Valley

The Guardian - US

From Cisco to Block, more companies are pointing to AI when unveiling job cuts

Layoffs have been piling up recently, especially in the tech world

The Independent UK

After Major Layoffs, Block Stock Is Staging a Turnaround. CEO Jack Dorsey Says AI Is Leading the Way.

Block has staged a turnaround from its lows, driven by layoffs, to create more space for AI.

Barchart

'Stop Hiring Humans' Campaign Returns to San Francisco — Why the City That Built AI Is No Longer Laughing

A plane carrying Artisan's 'Stop Hiring Humans' banner flew over San Francisco as AI-driven layoffs at Pinterest and Block turn a viral marketing stunt into a symbol of real workforce anxiety.

International Business Times UK

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Meta and Microsoft have joined the tech layoff tsunami. Is AI really to blame?

Meta and Microsoft are the latest software companies to announce big cuts to their global workforce. Both companies are also making big investments in artificial intelligence (AI).

The Conversation

Here's What to Expect From Block's Next Earnings Report

Block is set to deliver its first-quarter results next month, and analysts project double-digit earnings dip.

Barchart

Facing the death of its dominant newspaper, Pittsburgh media has surprising turnaround

Things looked bleak for media in Pittsburgh until a stunning turnaround

The Independent UK

After facing the death of its dominant newspaper, Pittsburgh's media has a surprising turnaround

Things looked bleak for media in Pittsburgh until a stunning turnaround

The Independent UK

Twitter cofounder Jack Dorsey breaks down his thought process when he laid off 40% of his Block staff because of AI

Jack Dorsey, CEO of Block, laid off 40% of his staff after working out the “minimal number of people” to run his $41 billion fintech company.

Fortune

Online response to the attack on Sam Altman's house shows a generational divide

Gen Z is furious about AI, and so is the American countryside.

Fortune

‘It tastes like a Twinkie’: Major tech podcaster Kara Swisher says AI is overhyped for one simple reason—humans don’t like it

Fears about AI’s transformation of the job market may be overblown, according to veteran journalist Kara Swisher—and it’s all thanks to a growing desire for something real.

Fortune

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International Business Times UK

Goldman Sachs Layoff Warning: Tech Workers Being Displaced by AI Face Pay Cuts and Longer Job Hunts

Goldman Sachs warns AI layoffs may cut tech workers' pay and extend job searches, as automation reshapes the technology workforce.

The Guardian - US

Tech companies are cutting jobs and betting on AI. The payoff is far from guaranteed

AI experts say we’re living in an experiment that may fundamentally change the model of work

Fortune

Jack Dorsey and Roelof Botha think AI can make middle management obsolete

The Silicon Valley execs want companies to function as a “mini artificial general intelligence,” and leave traditional corporate hierarchy behind.

International Business Times UK

Oracle Layoff Cuts Ties With 30,000 Workers, Separation Pay Falls Short of Industry Standards

Oracle's global layoffs are affecting 30,000 employees, with US staff facing minimal severance. Explore how these changes align with Oracle's AI expansion strategy and broader organizational shifts.is

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news in one place.

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Fortune

Marc Andreessen says AI layoffs are a farce: Companies are 75% overstaffed and AI is the ‘silver bullet excuse’ to clean house

The venture capitalist thinks companies are citing AI as an excuse to cut down workforces for alternative reasons.

Pedestrian.tv

A Former Block Contestant Has Announced They’re Returning For 2026 Season So Tools Up

After becoming a fan favourite on last year’s season of The Block, one contestant has announced they’re returning to the reality show.

Barchart

Andy Jassy and Jack Dorsey Blamed AI for Massive Layoffs, but OpenAI CEO Sam Altman Warns ‘AI Washing’ Is Real. What’s Really Going on with Huge Job Cuts?

More and more Silicon Valley CEOs are blaming job losses on AI. But according to OpenAI CEO Sam Altman, these big layoffs have less to do with technology and more to do with traditional business fundamentals.

International Business Times UK

Tech Layoffs Surge to 59,000 in 2026 as Amazon, Meta and Block Cut Jobs Amid AI Shift — Who's Next?

AI and automation led to over 59,000 job cuts in 2026. Discover how companies like Amazon and Block are using AI for efficiency and what it means for future employment.

International Business Times UK

Epic Games Layoffs Affect 1,000 Staff, Company Denies AI Role in Cuts

Epic Games is restructuring, with over 1,000 layoffs amid financial strain and legal battles with Apple and Google. The company is refocusing on core experiences and future growth, affecting Fortnite and the gaming industry.

Fortune

Perplexity CEO says AI layoffs aren’t so bad because people hate their jobs anyways: ‘That sort of glorious future is what we should look forward to’

Aravind Srinivas suggested AI will enable a new era of small business entrepreneurship he believes was lost in the early 20th century.

Fortune

AI may be helping more people start their own businesses, but without many employees

The cofounders of one startup said they are bringing in $1 million per month with 13 employees thanks to AI.

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