Software stocks fall as Block’s big job cuts stoke further AI fears

Block’s layoffs exacerbated concerns that artificial-intelligence could decimate employee counts and hurt demand for software ...

Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI

Shares in the financial technology company Block have soared more than 20% in after-hours trading after its CEO announced it ...

Block shares spike 20% after Jack Dorsey orders sweeping layoffs to ride AI wave

Financial tech firm Block’s stock surged as much as 20% in Friday trading after its billionaire CEO Jack Dorsey revealed plans for sweeping layoffs and a full embrace of AI tools.

Block says AI will allow it to cut more than 4,000 jobs. Some argue that’s not the whole story.

Block’s “audacious” move ignites debate over whether the company is using AI as an excuse to walk back reckless hiring.

Block's layoffs illustrate the market conundrum at the heart of the viral Citrini report

Investors cheered Block's big layoffs, but the move also flicks at the tension between markets and the economy Citrini ...
FinTech Magazine

Why is Block Cutting 40% of its Workforce?

Block is cutting over 4,000 jobs, citing intelligence tools as the driving force behind one of the biggest restructurings in ...
IEEE

DBARCT: Road Extraction Based on Double-Branch Architecture and Random Block Coding Transformer

Abstract: Although transformer models are main network architectures for the delineation of roads from remote sensing imagery, they have critical limitations due to their regular patch mechanism and ...