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Block slashed 40% of its workforce for AI — and its earnings suggest that’s paying off

“We can ship higher-quality products much, much more quickly,” an executive said in the wake of the company’s better-than-expected earnings report

Block slashed 40% of its workforce for AI — and its earnings suggest that’s paying off

Published August 5, 2026 · Category: Finance

Overview

“We can ship higher-quality products much, much more quickly,” an executive said in the wake of the company’s better-than-expected earnings report

Source

Originally published at www.marketwatch.com.

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