Block
2 articles tagged with “Block”. Verified news, source-cited reporting, and in-depth coverage from OzoneNews.
2 articles
Technology
California Tech Sector Announces 26,283 Job Cuts in Early 2026 Amid AI-Driven Restructuring
California-based tech companies announced 26,283 job cuts year-to-date through February 2026, with Amazon, Meta, Block, Workday, and C3.ai among the largest contributors. Analysts cite AI automation, post-boom efficiency drives, and a capital shift toward AI-native products as the three converging forces.
Conan Boyle · Mar 19, 2026
ONN
Technology & Business
Amazon CEO Andy Jassy States AI Will Reduce Headcount in Many Long-Standing Roles While Creating New Ones
The comments followed a $110 billion funding round for OpenAI at a $730 billion valuation, with Amazon committing $50 billion and announcing a multi-year strategic partnership.
OzoneNews Tech Desk · Mar 5, 2026