Meta Platforms is considering cutting its employees by one-fifth of their number, as the rising expenses of AI require strict financial choices. According to a recent filing, Meta employed nearly 79,000 people as of December…
AI Jobs Apocalypse? Jack Dorsey’s Block Layoffs Spark Debate Over Artificial Intelligence Impact
February 27, 2026
The CEO of Block, Jack Dorsey, laid off about 4,000 employees, recently citing the spreading of AI and encouraging the competitors to do the same as quickly as possible. This announcement resulted in a 24%…