futurk@feddit.org to Technology@lemmy.worldEnglish · 2 months agoJack Dorsey’s Block to Lay Off 40% of Its Workforce in AI Remakewww.wsj.comexternal-linkmessage-square7linkfedilinkarrow-up144arrow-down18
arrow-up136arrow-down1external-linkJack Dorsey’s Block to Lay Off 40% of Its Workforce in AI Remakewww.wsj.comfuturk@feddit.org to Technology@lemmy.worldEnglish · 2 months agomessage-square7linkfedilink
minus-squaresmeglinkfedilinkEnglisharrow-up35·2 months agoIt has nothing to do with AI. They bet big on crypto and it hasn’t paid off for years. They continued hiring. Their stock has been flat or lowering for the past five years. They continued hiring.
minus-squareRekall Incorporated@piefed.sociallinkfedilinkEnglisharrow-up6·2 months agoThis is definitely senior goons at Block engaging in some opportunistic PR.
It has nothing to do with AI.
They bet big on crypto and it hasn’t paid off for years. They continued hiring. Their stock has been flat or lowering for the past five years. They continued hiring.
This is definitely senior goons at Block engaging in some opportunistic PR.