American Banker18h agobearish
Jack Dorsey touts Block's AI-driven restructuringThe payments company posted strong adjusted earnings following a dramatic downsizing, which management attributed to the influence of artificial intelligence.
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GuruFocus.com2d agobearish
AI Layoffs Hit Crypto And Payments As Block Cuts 50%Block, Coinbase, PayPal, Crypto.com, and others are tying job cuts to AI as investors question real efficiency gains.