W

Block slashed 40% of its workforce for AI — and its earnings suggest that’s paying off

Business Management
Share
Block slashed 40% of its workforce for AI — and its earnings suggest that’s paying off

“We can ship higher-quality products much, much more quickly,” an executive said in the wake of the company’s better-than-expected earnings report

Block slashed 40% of its workforce for AI — and its earnings suggest that’s paying off

Source：MarketWatch

Disclaimer：Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

Brazil's central bank orders exchanges to delay large crypto transfers abroad

The rule applies to transfers above $10,000 and smaller transactions flagged as risky by exchanges. Source：CoinDesk

US Senate to vote on advancing CLARITY Act in September after Thune files cloture

The procedural move puts crypto market structure legislation back on track as lawmakers continue negotiations over ethics and stablecoin provisions.…

‘My wife and I are both retired’: Do we dip into our $2.3 million fund to pay off our $300,000 mortgage at 2.9%?

“Right now, we’re withdrawing about $100,000 a year from our investments.” Source：MarketWatch

Trillions in institutional money to flow into bitcoin, says Bitwise's Matt Hougan

The digital asset manager's CIO says large capital pools control up to $200 trillion globally, and just a 1% shift toward bitcoin could unlock massive longterm…

Source：https://www.marketwatch.com/story/block-slashed-40-of-its-workforce-for-ai-and-earnings-suggest-thats-paying-off-852b7c54