Jack Dorsey says he's cutting over 4,000 jobs at Block, nearly half of all roles. Read the memo.

Jack Dorsey used Goose, Block's AI code editing tool, while creating his Bluetooth mesh messaging app Bitchat.

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• Block lays off over 4,000 employees, cutting its workforce by nearly half, CEO Jack Dorsey said.
• Jack Dorsey emphasized a shift toward smaller teams and intelligence tools at Block.
• Read the lengthy post Dorsey shared about the cuts below.

Block is letting go of over 4,000 employees, cutting the company nearly in half, cofounder and CEO Jack Dorsey said Thursday.