Billionaire Jack Dorsey’s Block surged in premarket trading on Friday, after he announced the financial tech firm would cut its workforce nearly in half as he anticipates AI to increase efficiency, leading companies to reduce headcount.
Read the full story on Forbes: https://www.forbes.com/sites/tylerroush/2026/02/27/block-shares-surge-19-after-jack-dorsey-cuts-workforce-nearly-in-half/
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