Wall Street applauded. The stock of Block, the payments group created by Jack Dorsey (co-founder of Twitter), jumped strongly after the announcement of the cut of about 4,000 employees out of just over 10,000. A drastic reduction, equal to almost 40% of the workforce, presented not as a defensive measure but as a strategic choice linked to the growing adoption of artificial intelligence (AI). According to Dorsey, AI [...]
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