The brutal metric companies are using to show their AI bets are justified
Block CEO Jack Dorsey announced cuts to nearly half his workforce in a memo on X.
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- Jack Dorsey's announced that Block was cutting about 40% of its staff. It could be a sign of what's to come.
- Some workplace observers say they see leaders conducting layoffs to signal that AI investments are paying off.
- There is a chance that companies could cut too deeply, risking the loss of critical skills.
AI can do a lot. Showing it's paying off is another matter.