Jack Dorsey’s Block to cut workforce by ‘nearly half’ as it leans on AI tools
Group’s shares surge 25% as CEO says ‘most companies are late’ to realise how much technology will affect employment
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Public and private markets vie for gains from AI job disruption
Corporate leaders are betting that automation will produce outsized returns
The AI job cuts are accelerating
Companies are preparing for a time where there might be less work for their employees
Big Tech’s AI payback might be coming into view
Earnings hint at growth trajectory despite increases in capital spending
What the AI ‘jobpocalypse’ narrative misses
Whether or not new technologies can perform a task is only a tiny part of the picture
The AI adoption race in the workplace is on
Sector companies are seeking to show that time saved on one-off tasks can translate into real-world business value
Atlassian cuts 10% of workforce to adapt to AI threat
Australian software company is latest technology company to axe roles