Jack Dorsey’s Block Slashes 4,000 Jobs to Lead ‘AI-First’ Overhaul; Stock Jumps 24% on New Efficiency Play

Shares of Block, Inc. surged more than 24% in extended trading after the fintech firm confirmed plans to eliminate over 4,000 roles, representing roughly 40% of its workforce. The restructuring was announced by CEO Jack Dorsey, who positioned the move as a strategic overhaul that

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