Jack Dorsey wants to have 6,000 direct reports

The Block CEO and former Twitter cofounder is hoping AI can replace middle management roles this year after laying off nearly half the payment technology company in February.

[Photo: Eva Marie Uzcategui/Bloomberg/Getty Images]

Earlier this year, financial technology company Block laid off 4,000 employees—around half the company’s workforce—in its push to embrace AI. Based on a recent interview, it seems like CEO Jack Dorsey has some more major changes in store for the company. And if true . . . he’ll have quite a few more performance reviews to fill out this year.

In a........

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