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The Latest Breaking News from Jack Dorsey

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.

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.

Fortune

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.

Barchart

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Is Mark Zuckerberg Using AI to Replace Himself as CEO? New Agent Paints Grim Picture for Workers as Job Cuts Loom.

Meta: As Meta plans potential 20% workforce cuts, its CEO tests an AI assistant that could eliminate “layers of people” from organizational structure.

Barchart

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

Mark Zuckerberg is poised to finish what Jack Dorsey started: a 'cascade' of AI-related layoffs across the tech sector, top tech analyst says

Meta's CEO might emerge as the unlikely architect of a new era of AI-driven workforce cuts — one that analysts warn could ripple far beyond Silicon Valley

Fortune

'AI Job Massacre' Fears Grow as Meta Considers Slashing up to 15,000 Jobs

Meta may cut up to 15,000 jobs as it invests billions in AI infrastructure and automation. The potential layoff reflects a growing trend of tech firms replacing roles with artificial intelligence.

International Business Times UK

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Amazon is determined to use AI for everything – even when it slows down work

Corporate employees said Amazon’s race to roll out AI is leading to surveillance, slop and ‘more work for everyone’.

The Guardian - US

How Walmart CEO John Furner is using his father’s lessons—and AI—to steer a $1 trillion giant

John Furner recently took the reins of Walmart, and now leads a $1 trillion retail giant. But it’s the early-life lessons from his dad that helped shape his leadership today.

Fortune

Current and former Block workers say AI can’t do their jobs after Jack Dorsey’s mass layoffs: ‘You can’t really AI that’

The CEO said he cut the company’s workforce by 4,000 people – almost in half – because of gains in AI productivity

The Guardian - US

The unexpected 92,000 drop in payrolls is a clue we might be reading the AI jobs narrative all wrong

Is AI taking jobs? Or are companies cutting jobs to pay for the enormous capex outlays on AI?

Fortune

Exclusive: Block’s CFO explains the AI leaps over 18 months that led to the decision to slash nearly half its workforce

New tools including its custom LLM "goose" gave leaders confidence that smaller teams can now handle “really meaningful bodies of work,” says Block’s CFO and COO Amrita Ahuja.

Fortune

Block Stock Surges 20% After Jack Dorsey’s AI Layoff Bet — Buy, Hold, or Sell?

Investors reward Block’s AI shift, even as thousands lose jobs, but it’s still a risky bet.

Barchart

3 questions every CEO needs to ask about the AI jobs doom loop in the wake of Jack Dorsey’s dramatic 40% layoffs at Block

Dorsey’s move sparked fresh debate about AI’s impact on jobs after a week dominated by doomsday scenarios.

Fortune

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Fortune

OpenAI investor Vinod Khosla predicts today’s 5-year-olds won’t ever need to get jobs thanks to AI

“The need to work will go away,” Khosla said. “People will still work on the things they want to work on, not because they need to work.”

The Guardian - US

What was really behind Jack Dorsey laying off nearly half of Block’s staff?

CEO cited AI advances in cutting 4,000 workers, but a weak crypto market and declining stock price may also be at play

Fortune

She joined Block to build AI. Weeks later, AI cost her job.

Block cut more than 4,000 jobs, citing efficiency gains from AI, underscoring how even AI-focused roles are vulnerable in today’s tech restructuring.

Fortune

Have good taste? It may just get you a job during the AI jobs apocalypse, says Sam Altman

Tech insiders argue judgment and discernment could give humans an edge over AI.

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news in one place.

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International Business Times UK

Jack Dorsey's Block Questioned Over $68 Million Party Precedes Shocking 4,000 Layoff Allegedly Disguised as Company Strategy

Jack Dorsey's Block is criticized for spending $68 million on a party before laying off 4,000 employees, raising questions about financial priorities.

Fortune

Block CEO Jack Dorsey lays off nearly half of his staff because of AI and predicts most companies will make similar cuts in the next year

The former Twitter CEO said AI was “enabling a new way of working” as his company scales back its workforce as a result of AI productivity gains.

The Guardian - US

Jack Dorsey to cut 4,000 jobs due to AI advances at Square parent Block

Shares in company increased over 20% as investors were encouraged by CEO’s assertion that cuts will drive profits

International Business Times

CEO Says AI is Main Reason For Laying Off Nearly Half of His Employees: 'Can Do More And Do It Better'

Block CEO Jack Dorsey announced that he was laying off 40 percent of the company's workforce, citing improved efficiency from AI as the reason.

International Business Times UK

Jack Dorsey Announces 4,000 Job Cuts at Block as AI Push Sends Shares Soaring

Jack Dorsey plans to cut 4,000 jobs at Block, citing AI-led efficiency. The move has excited investors, with shares surging 27% post-announcement.

TechRadar

'We see an opportunity to move faster with smaller, highly talented teams using AI to automate more work': Block decimates workforce in favor of AI

Jack Dorsey's Block will remove 4,000 workers from its 10,000-strong team, all because AI can get the job done for less.

Reason

Hillary Clinton Knows Nothing

Plus: AI layoffs, Paramount wins Warner Bros., and the Trump-Mamdani bromance.

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