Block last week cut 40% of its staff and attributed the layoffs to artificial intelligence, leaving many to wonder whether Jack Dorsey's payments company was a bellwether for widespread AI-driven layoffs, or a one-off.
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Barnes & Noble Education (NYSE:BNED – Get Free Report) announced its quarterly earnings data on Tuesday. The specialty retailer reported $0.19 EPS for the quarter, FiscalAI reports. Barnes & Noble Education had a negative net margin of 0.56% and a negative return on equity of 22.09%. The
Groupon (NASDAQ:GRPN – Get Free Report) posted its quarterly earnings data on Tuesday. The coupon company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.02), FiscalAI reports. The business had revenue of $132.71 million during the quarter, compared to
