Block CFO confirms AI caused mass layoffs: What to know [Yahoo! Finance]
On Holding AG (ONON)
Company Research
Source: Yahoo! Finance
B. Riley Wealth chief market strategist Art Hogan and Yahoo Finance Senior Reporter Brooke DiPalma chat with Opening Bid host Brian Sozzi about the layoffs and AI's impact on the workforce. To watch more expert insights and analysis on the latest market action, check out more Opening Bid Video Transcript Brian I want to get to Block. Uh, I had a chance to catch up with the CFO last night, kind of explaining some of these layoffs and that happened a couple days ago, but what surprised me coming off this call are is just the speed at which AI is starting to really penetrate not just back office functions, other types of jobs at these major companies, and you really, I know we've seen a bounce, uh, back in software names here, but I really have to think some of these software companies, there is a reason. There's a big reason those stocks continue to be near 52-week lows. Art Yeah, I well, I will tell you this. Obviously, the the the concept of how much artificial intelligen
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ONON
News
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ONON
Earnings
- 3/3/26 - Beat
ONON
Sec Filings
- 3/6/26 - Form 144
- 3/6/26 - Form 144
- 3/6/26 - Form 144
- ONON's page on the SEC website