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Block Implements Strategic Workforce Restructuring Amid AI-Driven Growth

Block has launched a restructuring plan that includes reducing its global workforce by more than 4,000 employees as the company adjusts operations and expands the use of AI-driven tools.

The move lowers total headcount from more than 10,000 employees to fewer than 6,000, according to statements from co-founder and CEO Jack Dorsey. In a shareholder letter, Dorsey said the decision reflects a broader strategy to build leaner teams and improve operational focus.

Significant Workforce Reduction For Long-Term Scalability

Company executives said the workforce reduction is part of a long-term restructuring aimed at improving scalability and aligning resources with core priorities. Dorsey described the move as a proactive step to simplify internal structures and position the company for sustainable growth in a changing technology environment.

Leveraging AI And Efficiency Tools

Chief Financial Officer Amrita Ahuja said the restructuring supports Block’s next growth phase by combining smaller teams with increased use of AI tools to automate routine tasks. Management said automation and efficiency initiatives are expected to improve productivity and allow teams to focus on higher-value operations. Dorsey added that similar operational shifts are likely across the technology sector as AI capabilities expand.

Industry Impact And Forward-Looking Financials

Following the announcement, Block shares rose more than 24% in after-hours trading. The company reported adjusted earnings per share of $0.65 on revenue of $6.25 billion, while gross profit increased 24% year over year. For the full fiscal year, Block expects adjusted earnings per share of $3.66, above analyst estimates. Restructuring costs are projected at $450 million to $500 million, mainly related to severance, employee benefits, and noncash expenses linked to share vesting, with most charges expected in the first quarter.

Broader Implications For The Tech Sector

Other technology companies, including Pinterest, CrowdStrike, and Chegg, have also implemented workforce reductions tied to efficiency programs and increased AI adoption. In a post on X, Dorsey said proactive restructuring can help companies avoid repeated rounds of layoffs that may weaken morale and reduce stakeholder confidence. The move reflects a broader industry shift toward operational efficiency and automation as companies adapt to rapid technological change.

Ultrahuman Unveils Ring Pro As Smart Ring Competition Intensifies In The U.S.

Ultrahuman, the Bengaluru-based leader in wearable technology, has unveiled its third-generation smart ring, the Ring Pro, marking a significant step in the company’s efforts to reestablish its U.S. presence. With an extended battery life of up to 15 days and a completely redesigned form factor, the Ring Pro arrives as a strategic response following last year’s patent dispute with rival Oura.

New Design And Extended Battery Life

Ring Pro introduces a redesigned form factor alongside a dual-core processor and upgraded heart-rate sensing architecture aimed at improving data accuracy. The device is slightly heavier than its predecessor but offers enhanced on-device computing and the ability to store up to 250 days of health data. Priced at $479, the ring delivers up to 15 days of battery life, a notable increase compared to the four to six days offered by the Ring Air.

Overcoming Regulatory And Patent Hurdles

Ultrahuman’s U.S. operations faced disruption in October 2025 after the U.S. International Trade Commission ruled in favor of Oura in a patent dispute, restricting imports of new inventory. Existing stock remained available, but the decision pushed the company to redesign the product and reassess its U.S. strategy. The market remains critical for Ultrahuman, with American users accounting for roughly 45% of its 700,000 daily active users.

Introducing Jade: Real-Time Biointelligence

Alongside Ring Pro, Ultrahuman launched Jade, a real-time biointelligence system designed to provide actionable health insights instead of retrospective data summaries. According to co-founder and CEO Mohit Kumar, the system focuses on continuous analysis and real-time recommendations. Jade is available across the company’s ecosystem, including older ring models, reinforcing Ultrahuman’s AI-driven approach to wearable health monitoring.

Robust Financials And Expanding Market Influence

Despite legal and operational challenges, Ultrahuman continues to show strong financial performance. The company reports an annualized revenue run rate of approximately $150 million and operating revenue of $64 million for the fiscal year ending March 2025. Subscription services and additional offerings, including coaching programs and continuous glucose monitoring, continue to diversify revenue streams and support profitability.

Expanding Production And Global Reach

Ultrahuman is expanding production capacity as demand grows across international markets, including the UK, Canada, Australia, and India. Industry analysts note that the future of smart rings will depend on sensor precision, AI integration, and ecosystem connectivity — areas where Ultrahuman is actively investing.

With the launch of Ring Pro and the introduction of Jade, the company is aiming to strengthen its position in the fast-growing wearable technology sector while rebuilding momentum in key global markets.

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