Milwaukee spent millions to train workers on lead removal. Did it work?

In 2021, Milwaukee set aside $3 million in pandemic aid to train workers to remove lead hazards. So far, the city has fallen ...
newsbytesapp.com

Jack Dorsey-led Block cuts 40% of staff after AI tests

Jack Dorsey, CEO of Block, announced that the company laid off 40% of its staff, more than 4,000 people. The move comes after testing new AI tools showed Block could run smoothly with a much smaller ...
Yahoo Finance

Twitter cofounder Jack Dorsey breaks down his thought process when he laid off 40% of his Block staff because of AI

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The New York Times

Block Uses A.I. as Excuse for Laying off 40% of the Company

new video loaded: Block Uses A.I. as Excuse for Laying off 40% of the Company transcript The financial services company Block recently laid off nearly 40 percent of its employees. On “Hard Fork” from ...
The Motley Fool

H&R Block Stock Down 40% as One Investor Builds a $35 Million Position

Lodge Hill Capital bought 800,000 shares of H&R Block in the fourth quarter. The quarter-end position value rose by $34.86 million as a result. The new position represents 6.59% of Lodge Hill ...
Business Insider

A small number of Block employees say they were rehired after layoffs

Block has rehired at least four laid-off employees, according to LinkedIn posts. One engineer said he was rehired after his layoff was deemed a "clerical error ...
AOL

H&R Block Stock Down 40% as One Investor Builds a $35 Million Position

H&R Block is a leading provider of tax preparation services, operating at scale through both physical retail locations and digital platforms. The company combines a broad geographic footprint with a ...
Observer

Block, A.I. and the Front-Running of the Curve

The rise of the temporal agentic operating system could redefine how companies structure human labor. Photo by Joe Raedle/Getty Images The stock surge delivers an important and, honestly, rather ...
Forbes

Block Fired 40% of its People. Wall St. Cheered. It’s Just the Start.

Forbes contributors publish independent expert analyses and insights. I write about how AI will impact people, business and society. This voice experience is generated by AI. Learn more. This voice ...
coinspeaker

Block Inc Slashes 40% of Staff in Major AI Restructuring: Good for Crypto?

Block Inc (NYSE: XYZ), the fintech payments company led by Jack Dorsey, announced a massive workforce reduction on Thursday, slashing approximately 40% of its staff as part of a pivot toward AI. The ...
Seeking Alpha

Block: A 40% Layoff Is Not Bullish (Even With AI) (Rating Downgrade)

Block, Inc. (XYZ) just delivered a "good" quarter, and the stock is up over 15% following news of a historic 40% headcount reduction. Yes, gross profit accelerated, and there is some encouraging news ...