Jack Dorsey’s Block slashes 4,000 jobs as AI takes charge

Jack Dorsey, the head honcho of Block, just dropped a bombshell: they're cutting 4,000 jobs! Why? Because AI is shaking things up, and they need to slim down. But don't worry, their profits are still looking good! After the news, Block's stock shot up. Dorsey also shared a solid severance plan for those affected, so it's not all doom and gloom!