Tag: restructuring

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Jack Dorsey’s Block slashes 40% of staff in major AI-driven restructuring – DL News

Block cuts 4,000 jobs.CEO Jack Dorsey attributes layoffs to AI.Investors are fearful that AI will ultimately hurt the wider economy.Block, a firm that heavily...

Crypto exchange OKX cuts institutional staff amid global restructuring

The exchange has overhauled its institutional business as part of a broader restructuring, with approximately one-third of its sales team exiting, according to one...