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Tech CEOs Declare War on Jobs, Blame AI for Workforce Apocalypse

KEY POINTS

  • •Jack Dorsey announced in late February that Block would cut over 40% of its workforce, citing AI-driven efficiencies.
  • •In early March, Atlassian CEO Mike Cannon-Brookes revealed a 10% staff reduction aligned with embracing AI philosophy.
  • •Both leaders emphasized that these layoffs reflect strategic shifts for AI-era work while stating their companies remain profitable.

In a late-February style spectacle, Jack Dorsey announced Block would cull over 40% of its workforce, pitching the massacre as an evolution to 'a new way of working' using AI and 'smaller, flatter teams.' Meanwhile, Atlassian’s Mike Cannon-Brookes casually carved out 10% of staff in early March, selling layoffs as a bold AI-human synergy manifesto, complete with boldfaced AI worship: 'people and AI create the best outcomes.' CFO Amrita Ahuja proudly bragged that AI-driven coding sped up work by 40% since September, effectively replacing weeks of human toil with a brisk snap of virtual fingers. Classic CEOs, past blaming poor economy now pinning mass unemployment on mechanized overlords while assuring investors everything’s fine and dandy.

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Source: Businessinsider | Published: 3/13/2026 | Author: Tim Paradis

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