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“WiseTech’s decision to reshape its operating model using AI is the right strategic move, particularly as being agile and our view that product velocity needs to pick up. However, the 50 per cent ...

Afterpay owner Block will axe 4000 jobs — 40 per cent of its workforce — with founder Jack Dorsey saying artificial intelligence tools have “changed what it means to build and run a company”.

Dorsey says most companies will soon restructure around AI tools. Jack Dorsey’s payments firm Block will lay off more than 4,000 employees, with the co-founder attributing the decision to the rapid ...

How Wall Street feeds the AI bubble, Nvidia smashes expectations, IBM snagged in SaaS-pocalypse, Meta inks chips deal with AMD.

A mall official disputes city’s version of events as business owners tell council members that the shutdown is hurting ...

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About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its ...

Executives should begin by auditing their own internal workflows to identify where agentic AI can consolidate roles and flatten management hierarchies.

The company plans to off thousands of people as AI changes the way people work.

Jack Dorsey said his company Block has seen in increase in productivity and that it will invest more in hiring senior AI ...