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

Block recently laid off 40% of its workforce as part of a strategic shift toward AI, and initial results show it might be working. The company reported better-than-expected earnings, highlighting a focus on delivering higher-quality products faster. This move suggests that investing in automation and AI is paying off, potentially streamlining operations and reducing costs in the long run. It’s a noteworthy example of how tech-driven changes can impact financial performance.