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Block is the latest business to announce layoffs, with the operator of payment platforms Square and Cash App opting to cut jobs in favor of using more AI tools. The financial tech company, helmed by Twitter founder Jack Dorsey, is slashing its current staff of 10,000 to "just under 6,000." CNBC highlighted a letter Block sent to shareholders announcing the decision to nearly halve its workforce. According to the message from Dorsey:
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As usual with Samsung’s yearly refreshes, the real decision may come down to pricing and discounts. If the Galaxy S25 sees significant price cuts, it could remain the better value. But at similar prices, the Galaxy S26 is the safer long-term buy.
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