Responsibility for carrying out the medical assessment work is being taken over by Maximus UK Services Limited - another provider whose parent company is based in the US. The exact date when it will start is yet to be confirmed.
Block is the latest business to announce layoffs, with the operator of payment platforms Square and Cash App opting to cut jobs in favor of using more AI tools. The financial tech company, helmed by Twitter founder Jack Dorsey, is slashing its current staff of 10,000 to "just under 6,000." CNBC highlighted a letter Block sent to shareholders announcing the decision to nearly halve its workforce. According to the message from Dorsey:
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Author(s): Yong Jiang, Tianshou Liang, Jiyuan Zhu
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