Jack Dorsey-led Block cuts 40% of staff after AI tests
NewsBytes | April 19, 2026 1:39 PM CST
Block AI trial finds 6,000 employees
Dorsey and his team tried out advanced AI models like Anthropic's Opus 4.6 and OpenAI's Codex 5.3 last December.
The takeaway? Block could meet its service and regulatory needs with about 6,000 employees instead of its current headcount.
On a note to the board, Dorsey and Sequoia partner Roelof Botha called this shift a fundamental organizational shift away from traditional management hierarchies, aiming to make Block stronger by planning ahead rather than reacting in crisis mode.
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