{"id":86,"date":"2026-02-26T22:11:13","date_gmt":"2026-02-26T22:11:13","guid":{"rendered":"http:\/\/teknologi.news.eraenterprise.id\/?p=86"},"modified":"2026-02-26T22:11:13","modified_gmt":"2026-02-26T22:11:13","slug":"jack-dorseys-block-cuts-nearly-half-of-its-staff-in-ai-gamble","status":"publish","type":"post","link":"https:\/\/teknologi.news.eraenterprise.id\/?p=86","title":{"rendered":"Jack Dorsey\u2019s Block cuts nearly half of its staff in AI gamble"},"content":{"rendered":"<figure>\n<p><img decoding=\"async\" alt=\"\" data-caption=\"\" data-portal-copyright=\"Bloomberg via Getty Images\" data-has-syndication-rights=\"1\" src=\"https:\/\/platform.theverge.com\/wp-content\/uploads\/sites\/2\/2026\/02\/gettyimages-1233275044.jpg?quality=90&amp;strip=all&amp;crop=0,0,100,100\" \/><figcaption>\n\t\t<\/figcaption><\/p><\/figure>\n<p class=\"has-text-align-none\">Jack Dorsey&#8217;s Block, the financial tech company that runs Square and the Cash app, is cutting its workforce by &#8220;nearly half&#8221; and axing more than 4,000 jobs. The company will shrink from more than 10,000 people to less than 6,000, <a href=\"https:\/\/x.com\/jack\/status\/2027129697092731343\">Dorsey says in a post on X<\/a>. And the reason why? AI.<\/p>\n<p class=\"has-text-align-none\">&#8220;We&#8217;re not making this decision because we&#8217;re in trouble,&#8221; Dorsey says. &#8220;Our business is strong. Gross profit continues to grow, we continue to serve more and more customers, and profitability is improving. But something has changed. We&#8217;re already seeing that the intelligence tools we&#8217;re creating and using, paired with smaller and flatter teams, are enabling a new \u2026<\/p>\n<p><a href=\"https:\/\/www.theverge.com\/tech\/885710\/jack-dorsey-block-layoffs-job-cuts-ai\" target=\"_blank\" rel=\"noopener\">Read the full story at The Verge.<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Jack Dorsey&#8217;s Block, the financial tech company that runs Square and the Cash app, is cutting its workforce by &#8220;nearly<\/p>\n","protected":false},"author":1,"featured_media":87,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[1],"tags":[],"class_list":["post-86","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/teknologi.news.eraenterprise.id\/index.php?rest_route=\/wp\/v2\/posts\/86","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teknologi.news.eraenterprise.id\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teknologi.news.eraenterprise.id\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teknologi.news.eraenterprise.id\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teknologi.news.eraenterprise.id\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=86"}],"version-history":[{"count":0,"href":"https:\/\/teknologi.news.eraenterprise.id\/index.php?rest_route=\/wp\/v2\/posts\/86\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teknologi.news.eraenterprise.id\/index.php?rest_route=\/wp\/v2\/media\/87"}],"wp:attachment":[{"href":"https:\/\/teknologi.news.eraenterprise.id\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=86"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teknologi.news.eraenterprise.id\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=86"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teknologi.news.eraenterprise.id\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=86"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}