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Story summary
- Block, Inc. CEO Jack Dorsey announced a 40% staff reduction, citing AI advancements.
- He described the move as difficult but inevitable.
- Data scientist Naoko Takeda criticized retention offers, saying the layoffs showcase Dorsey’s AI credentials rather than necessity.
- Aaron Zamost, a former communications head, echoed concerns about the authenticity of Dorsey’s claims and Block’s direction after prior cuts.
