“AI not a substitute for critical thinking. We cannot outsource our thinking,” Vishal Sikka, Founder of Vianai Systems and former Infosys CEO said at Rising Bharat Summit 2026.
Dorsey said Block opted for a single deep round of cuts instead of multiple smaller layoffs over time
After the announcement, Block’s stock jumped as much as 27% in extended trading.
The company had fewer than 11,000 employees as of late-November, an executive said at the time.
Jack Dorsey-led Block has officially entered India, as it starts shipping its self-custody Bitcoin wallet, Bitkey, in the country.
Writing on X, Jack Dorsey said that he was perhaps was one of the first users of the platform and was even an angel investor in the platform.