Concerns about the wider implications of such a change pulsed through discussions at the World Economic Forum in Davos last month and have contributed to widespread economic anxiety in the US.
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Dorsey didn’t mince words in an X post announcing the cuts, tying the layoffs directly to an efficiency boost from the company’s AI implementation. “We’re already seeing that the intelligence tools we’re creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company,” he wrote.