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Block to axe 4,000 jobs as it embraces AI, shares soar

Published by Abigail Townsend on 27th February 2026

(Sharecast News) - Shares in Jack Dorsey's Block soared on Friday, after the fintech confirmed it would be axing nearly half of its workforce in favour of artificial intelligence.

URL: http://www.digitallook.com/dl/news/story/35729176/...

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