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:
Terminal applications have a “cursor” that they can move around, just like a text editor. You can tell that cursor “go to line 3, delete everything, then print out this new text” by using VT100 sequences. And you can use it to replace existing characters with new ones, without re-emitting a whole line.
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