Amazon CEO Andy Jassy says he hasn’t “really digested” Jack Dorsey’s decision to lay off 4,000 employees — nearly half of Block’s workforce — citing AI-driven efficiency gains. Jassy acknowledges that many jobs humans have done for decades won’t need as many people going forward, but struck an optimistic note, saying new roles will emerge as they have with every past technology shift. He called it a “transition” period.
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