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☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 21 hours ago

Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI

apnews.com

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Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI

apnews.com

☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 21 hours ago
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Shares in the financial technology company Block have soared more than 20% in after-hours trading after its CEO announced it was laying off more than 4,000 of its 10,000 some employees due to efficiency gains from artificial intelligence.
  • Flyberius [comrade/them]@hexbear.net
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    17 hours ago

    Lol. I’m sure this will end well

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOPM
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      14 hours ago

      🍿

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