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Jack Dorsey’s fintech venture lays off nearly 1,000 employees over email, report says

Block co-founder denies that the cuts were for financial reasons or to replace workers with AI



Jack Dorsey's fintech company, Block, laid off nearly 1,000 employees via email. The email, similar to Elon Musk's past actions at X (formerly Twitter), informed staff of organizational changes and role eliminations due to performance goals.

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