The Great AI Job Displacement: Block, eBay Cut Thousands as AI Reshapes Workforces

<p><strong>Block is planning to lay off nearly half its workforce in what it calls a &#39;deliberate and bold&#39; embrace of AI, while eBay cuts 800 jobs citing AI transformation. This wave of AI-driven layoffs raises critical questions about the future of work and whether these productivity gains will translate to sustainable profits for shareholders.</strong></p><p><strong>Today&#39;s Stocks &amp; Topics: Broadcom Inc. (AVGO), Market Wrap, Gold Royalty Corp. (GROY), The Great AI Job Displacement: Block, eBay Cut Thousands as AI Reshapes Workforces, Lululemon …