Block CFO Defends Job Cuts Due to AI Adaptation; Silicon Valley Executives Predict Increased Mass Layoffs
By Dylan Morgan
Published on March 28, 2026.
The CEO of Block, Amrita Ahuja, defended the company's decision to cut jobs due to AI adaptation, stating that the company could reinvest resources into productivity gains and use them for the better of the day. The move comes amidst predictions of increased layoffs in the industry.
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