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Home » Block shares spike 20% after Jack Dorsey orders sweeping layoffs to ride AI wave

Block shares spike 20% after Jack Dorsey orders sweeping layoffs to ride AI wave

New York Post by New York Post
2 hours ago
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Financial tech firm Block’s stock surged as much as 20% in Friday trading after its billionaire CEO Jack Dorsey revealed plans for sweeping layoffs and a full embrace of AI tools.

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