Fintech company Block lays off more than 4,000 people, citing AI

Fintech company Block lays off more than 4,000 people, citing AI

AP News business

Key Points:

  • BANGKOK (AP) — Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000 of its 10,000 plus employees,

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