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More than 1,000 local tech jobs have recently been cut, with companies citing AI productivity gains. But that’s not the full story, experts sayGet our breaking news email, free app or daily news podcastTeresa Lim has one of the most recognisable voices in Australia. For 23 years, she has been the voice behind radio and […]
Will AI take Australian jobs, or is it just an excuse for corporate restructure? Read More »
The CEO said he cut the company’s workforce by 4,000 people – almost in half – because of gains in AI productivityMark remembers the first time he wondered whether he was teaching Block’s AI tools how to do his job – and maybe even replace him. He was at his fintech company’s extravagant anniversary party
Jack Dorsey to cut 4,000 workers at Block amid AI advances – but specters such as weak crypto market haunt companyJack Dorsey cited AI as the driving force behind cutting 40% of his company’s employees, but other factors such as a weak crypto market, overstaffing and a declining stock price may also have motivated the
Can AI do 40% of your job? Block’s Jack Dorsey thinks so Read More »
CEO Jack Dorsey said 4,000 employees would be laid off as the fintech company, which owns Cash App, embraces AISign up for the Breaking News US email to get newsletter alerts in your inboxFintech company Block announced that it would be laying off 4,000 of its 10,000 employees because of gains in AI productivity.“Intelligence tools
Square parent company Block cuts nearly half of workforce as AI takes jobs Read More »
