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The man overseeing plans to transform the centre of Swansea

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David Warburton of property development and regeneration firm Urban Splash on ambitious plans for Swansea.

David Warburton, of Urban Splash, beside a a very large deckchair in his Civic Centre office in Swansea.(Image: Richard Youle )

It was never the most raucous of buildings but Swansea’s Civic Centre really is quiet. Eerily so. Home until recently to the central library, the archives service, a cafe and various council services only a small number of staff remain in the squat seafront complex.

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Also hunkered down in one of the offices there is the person hoping to transform it into a place to live, visit and spend time at. David Warburton, of property development and regeneration company Urban Splash, has got to know the pre-cast concrete building pretty well. “It’s in really good condition,” he said. “Eminently convertible.”

Urban Splash was announced by the council in 2021 as a strategic partner to breathe new life into seven sites in and around the city. Development director Mr Warburton said the company was formally appointed the following March, and currently around eight staff are working on the Swansea plans.

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The Civic Centre’s architecture won’t appeal to everyone but Mr Warburton said “beautiful Brutalism is very much coming into vogue”. This, combined with its superb location overlooking Swansea beach and development land on either side, opens up many possibilities for what is just one of the seven sites being taken forward.

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David Warburton, of property development and regeneration company Urban Splash,.

David Warburton of Urban Splash.(Image: Richard Youle )

Mr Warburton grew up between Manchester and Liverpool and first visited Swansea in 2019. “It has a way of grabbing you,” he said. “The trick is to get people here.”

The latest plans to get people here envisage commercial and leisure space on the ground and lower ground floors of the Civic Centre and one, two and three-bedroom flats above. The door is also being left open for fewer flats and a 60-70-bed hotel.

The central atrium could be a food court while an aquarium – predominantly a digital one rather than large tanks of water – is proposed along a ground and lower groundfloor wing to the right of the main entrance.

For a building synonymous with worthy civic function it’s a real shift. “Our role is to recognise the inherent value in properties like this which others don’t,” said Mr Warburton.

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Outside, the beach-facing lawn outside would be landscaped and the adjacent prom widened. A new walkway leading from nearby Copr Bay would cut diagonally across to the prom, finishing to the right of the Civic Centre as you look from the sea. An over-arching principle is to create a stronger connection between Swansea’s central core and the sea.

New apartment blocks either side of the Civic Centre are also proposed. All told there could be up to 600 flats and 150,000 sq ft of commercial space – according to Mr Warburton that’s around 20 retail, leisure and food and beverage units of varying size.

He said the residential element was very important and that the flats would be for sale and rent at market rates, apart potentially from some affordable ones in the new blocks.

Parking, said Mr Warburton, would largely be in existing areas. As and when new blocks were built, some of that displaced parking could be accommodated at basement level or within new streets. “There is bags of surplus parking at the moment,” he said.

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Other ideas for the waterfront site include a “tidal retention pool” by the bottom of the promenade steps outside and a raised walkway – or promontory – out onto the beach.

There are a lot of ideas in the regeneration mix, and Mr Warburton said public feedback has been positive.

He is keen to distinguish between redevelopment and regeneration. “Redevelopment is site-focused – it brings a specific asset back into use within its red line boundary,” he said. “Regeneration is ‘place’-focused – it uses a site asset or assets as a catalyst to deliver wider economic, social and environmental uplift across a wider area.”

Regeneration, he said, was about carefully selecting uses and occupiers for a site and creating a certain feel and spirit. In Swansea’s case Mr Warburton hoped the seven sites would work in concert to “reposition” the city.

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How a revamped Civic Centre could look .(Image: Urban Splash )

One recent occupier of the Civic Centre, the Michael Sheen-founded Welsh National Theatre, was one that Mr Warburton would like to remain there.

The Civic Centre and waterfront plans need cabinet approval and planning permission. The funding model for the partnership with the council is that the council provides the land – and in this instance a building – and Urban Splash deploys private sector funding to turn the designs into reality.

Chartered surveyor Mr Warburton said some public sector funding would likely be required to close what’s known as the viability gap – the difference between development costs and rental and sales income – in the early phases at least.

The hope is that what Mr Warburton termed the “regeneration premium” created by the new developments would increase rental and sales yields, in turn eliminating the viability gap. “We are trying to get to a self-sustaining position,” he said.

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Should values go up and up, Mr Warburton said there would be a mechanism for sharing them with the council.

He added: “We’re constantly in discussions with our investors. The smart money, I would say, is in Swansea because the inherent value is not recognised at the moment.”

He said Urban Splash remained invested in sites itself, retaining well over half the commercial space it has created and around 10% of the circa 6,000 homes it has built.

Aerial image showing the proposed layout of the Civic Centre waterfront site (Image: Urban Splash )

Mr Warburton said the Civic Centre scheme has parallels with an Urban Splash project at a large former naval yard in Plymouth called Royal William Yard. Both were waterfront sites and located slightly away from their respective city centres.

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Royal William Yard now has local and regional businesses based there, a cinema, gallery and events space, paddle-boarding hire and flats. “That has been a really good learning experience,” said Mr Warburton.

Sarah Gibson, chief executive of business group Plymouth Waterfront Partnership, said Plymouth was benefiting hugely from the public-private sector project and the hundreds of jobs it has created. “We’re absolutely delighted with the investment, partnership and ongoing management from Urban Splash and wish them all the best with their plans for Swansea,” she said.

Another Urban Splash scheme in Swansea is Porth Copr at the former St David’s Shopping Centre. It’s a substantial plot of land between Swansea Minster – formerly St Mary’s Church – and St David’s Priory Church, and it extends beyond the latter to Oystermouth Road.

The plan is for seven new blocks featuring office, education and commercial space, plus flats, new landscaping and walkways. Outline planning permission is in place and one of the seven blocks has detailed consent and will become a public sector office hub.

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Mr Warburton envisaged the two Oystermouth Road-facing blocks being head office material for companies. Another block would comprise around 60 high-quality flats with groundfloor commercial units in what he anticipated would be an “institutional-grade investment”.

Image showing how Porth Copr could look with buildings wrapping around St David’s Priory Church (Image: Urban Splash )

He said: “Porth Copr was originally conceived as almost an exclusively commercial district. But giving people a desk is not enough. Now it has reasons for people to come to it – a gym perhaps, food and beverage, dining after work.”

Likely to make up the first batch of three Urban Splash schemes is the former St Thomas railway station site. It faces the River Tawe and is bordered by Pentreguinea Road and the northernmost Tawe bridge.

Urban Splash is planning 158 houses and flats there – around half to be affordable – to be built by Cardiff-based housebuilder Lovells. There’d also be new green spaces, walking and cycling routes, and groundfloor commercial space in the main six-storey apartment building.

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Aerial image showing the proposed layout of Porth Copr.(Image: Urban Splash )

Meanwhile revised proposals are being developed for a riverside site further up the Tawe at Hafod-Morfa. Also in Urban Splash’s Swansea portfolio is a plot off The Slipway, Swansea Marina, land by the Sail Bridge off East Burrows Road, and the car park flanked by Oxford Street, Singleton Street and Dillwyn Street.

All this will take time, and the level of public sector gap funding needed will be closely watched considering the council has borrowed a lot of money – although at a low cost – for its various city centre projects.

Mr Warburton said he hoped work on the Civic Centre could get under way in spring 2027. Over at Porth Copr he said construction of the public sector hub was due to start in the next couple of months. Work on the next block – the “institutional-grade” apartment building mentioned above – could begin around May 2027, with a block earmarked as education space next off the shelf.

Mr Warburton said a detailed proposal for the St Thomas site would be forwarded to the council next month, prior to a planning application being submitted.

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Town and city centres are having to find new ways to survive and thrive. Ant Breach, director of policy and research at think-tank Centre for Cities, said: “What urban regeneration should aim to do is create the best possible links between places where people live and where people work.

“They should focus on creating lots of space for employment to maximise the potential for economic growth, and ensure that’s accessible to residents.

“City centres are the most productive parts of the UK, and urban regeneration should aim to harness that productivity to raise growth and living standards in the local economy.”

Mr Breach added that mobility and access to city centres were vital to making regeneration succeed.

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“The role of public transport varies between cities – in big cities, it’s essential, while smaller cities require a different mix of private vehicles like cars and public transport.” And making centres more welcoming and desirable may, he said, mean steps to reduce reliance on cars.

Asked what the signs of an over-supply of leisure, hospitality, retail and office space would be, Mr Breach said a high vacancy rate and low rents. “Adapting spaces to changing patterns of demand is important for their economies to remain strong,” he said.

Cllr Rob Stewart, leader of Swansea Council, said the regeneration proposals for the Civic Centre site “give us a fantastic chance to re-imagine one of the finest waterfront locations in the UK and deliver something truly special for Swansea”.

He added: “Cabinet at the council recently met to discuss next steps for this scheme and more details will be released in the coming days as we continue to work closely alongside our partners at Urban Splash.”

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Truworths International Limited (TRWKF) Q2 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Truworths International Limited (TRWKF) Q2 2026 Earnings Call February 27, 2026 6:00 AM EST

Company Participants

Michael Mark – CEO & Executive Director
Sarah Proudfoot – Joint Deputy CEO & Executive Director
Reon Smit
Emanuel Cristaudo – Joint Deputy CEO, CFO & Executive Director

Presentation

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Michael Mark
CEO & Executive Director

Good afternoon, everybody. Welcome to the 2026 February Half Year Results Presentation of Truworths. In the room with me on virtual is Manny Cristaudo and Sarah Proudfoot, who are our joint Deputy CEOs. You all know them pretty well. And then there’s Reon Smit, who’s our Financial Director. I’m going to go through the presentation as speedy as I can because it will be published on the Internet in the next hour or 2 afterwards anyway, so that I can try and get to the questions-and-answer stage within 35 minutes or so. And then we’ve got at least 20, 25 minutes until 2:00 to answer questions. We have obviously read some of the initial analyst reports that came out this morning and yesterday. So we’ve tried to even include those responses in those — in our presentation. So it follows our normal agenda. First and foremost, I’m going to talk once again about our business philosophy. This is not to annoy you or bore you.

It’s because I’m trying to give you a filter of how we think. And this filter affects our interactions with shareholders as well because — when you give us input, whether it’s positive input or critical input, we don’t ignore it. We don’t just blindly follow it. We filter it through our philosophy every single time because that’s how we think. I’m trying to explain to you how we think. And essentially, it’s a simple thing, especially for the new shareholders. I’ve said many times before, we publish it.

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SMCY: Extreme Yield ETF Based On SMCI Options (NYSEARCA:SMCY)

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SMCY: Extreme Yield ETF Based On SMCI Options (NYSEARCA:SMCY)

This article was written by

Fred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience working in technology. He is the author of three books and has been investing in data-driven systematic strategies since 2010. Fred runs the investing group Quantitative Risk & Value where he shares a portfolio invested in quality dividend stocks, and companies at the forefront of tech innovation. Fred also supplies market risk indicators, a real estate strategy, a bond strategy, and an income strategy in closed-end funds. Learn more.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of AMZN, GOOGL, META either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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United Parks & Resorts Inc. 2025 Q4 – Results – Earnings Call Presentation (NYSE:PRKS) 2026-02-27

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Q4: 2026-02-26 Earnings Summary

EPS of $0.48 misses by $0.18

 | Revenue of $373.55M (-2.82% Y/Y) misses by $1.44M

This article was written by

Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

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Brewdog expected to announce sale early next week

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Brewdog expected to announce sale early next week

Staff are told Brewdog’s German arm is not included in the sale and will now be liquidated but bars will trade as normal this weekend.

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Form S-1 COLLAB Z INC. For: 27 February

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Form S-1 COLLAB
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Salesforce Stock Gains After Earnings, AI Reassurance

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Salesforce Stock Gains After Earnings, AI Reassurance

Salesforce’s quarterly results cleared expectations, with revenue growing 12%.

This fiscal year, the company expects its top line to rise by about 10%, in line with last year.

Chief Executive Marc Benioff said he wasn’t fazed by the recent selloff in software stocks. “This is not our first SaaS-pocalypse,” he said, referring to software-as-a-service.

Shares (CRM) closed 4% higher. Through Thursday, the stock had lost about one-quarter of its value in 2026.

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“Are You Dead?” China’s Viral App Explores Solo Life and Changing Social Bonds

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“Are You Dead?” China's Viral App Explores Solo Life and Changing Social Bonds

China’s viral app “Are You Dead?” explores the complexities of solo living and evolving social connections, addressing deeper societal challenges in modern relationships and individual experiences.


Key Points

  • App Concept: “Are You Dead?” is a viral Chinese app that uses interactive questions to prompt users to reflect on mortality, relationships, and social connections.
  • Solo Living Trend: It highlights the rise of solo living in urban China, especially among younger generations, driven by urbanization, mobility, and shifting cultural norms.
  • Social Bonds: The app underscores challenges in maintaining meaningful relationships, encouraging users to confront loneliness and isolation.

China’s viral app, “Are You Dead?”, serves as a poignant reflection of contemporary societal dynamics, particularly the intricacies of solo living and the evolving nature of social connections. The app has gained popularity for its unique premise, which invites users to reflect on their mortality and relationships through a series of engaging interactive questions. This framework not only entertains but also illuminates deeper existential queries that modern individuals face.

The rise of solo living in urban China, particularly among younger generations, underscores a broader trend of shifting social ties. Many individuals find themselves navigating life independently, leading to both opportunities for personal growth and challenges in maintaining meaningful connections. The app encapsulates these dualities by prompting users to contemplate their social circles, fostering introspection about the quality of their relationships. This phenomenon reveals a societal challenge where traditional interpersonal connections are strained or transformed, often due to rapid urbanization, increased mobility, and evolving cultural norms.

As users engage with “Are You Dead?”, they are encouraged to confront uncomfortable truths about their social isolation, prompting important discussions about loneliness and community. This interaction serves a therapeutic function, allowing individuals to process their feelings and potentially reconnect with estranged friends or family. By framing death within the context of social connectivity, the app stimulates dialogue around precarious modern relationships, reinforcing the significance of maintaining connections in an increasingly individualistic society.

Moreover, the app highlights the paradox of technology in social interaction. While it provides a platform for engagement and reflection, it can also exacerbate feelings of isolation if users become overly reliant on digital solutions for social fulfillment. This duality invites a critical examination of how technology shapes human relationships and personal identities. Ultimately, “Are You Dead?” is more than just a viral trend; it encapsulates the contemporary struggle with solitude and the quest for meaningful connections in a rapidly changing world.

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Read the original article : Are You Dead? China’s viral app reveals a complex reality of solo living and changing social ties

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What the Warner Bros deal could mean for streaming, cinemas and news

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What the Warner Bros deal could mean for streaming, cinemas and news

Rodney Benson, a media professor at New York University, called the deal “concerning”, would leave America’s largest media companies further concentrated in the hands of conservatives. Many of those owners, including the Ellison family, have separate, non news-related business interests that depend on government contracts or regulation and are therefore particularly vulnerable to pressure, he adds.

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Commerce Secretary Howard Lutnick meets with Indian officials after tariff ruling

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Commerce Secretary Howard Lutnick meets with Indian officials after tariff ruling

Secretary of Commerce Howard Lutnick, accompanied by U.S. Ambassador to India Sergio Gor, met his Indian counterpart in New Delhi Thursday. The meeting comes less than a week after the Supreme Court struck down President Donald Trump’s sweeping global tariffs.

India’s Minister of Commerce and Industry Piyush Goyal hailed the talks as “very fruitful,” posting a picture of the three officials smiling together. The meeting signaled renewed momentum, even though India had been among the first Asian nations to react to the court’s decision. 

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Just days earlier, New Delhi had postponed talks with Washington aimed at finalizing a trade framework. Still, uncertainty lingers as the deal hangs in the balance. In a press statement, India’s Ministry of Commerce and Industry said, “We are studying all these developments for their implications.”

In the aftermath of the court’s ruling, the Trump administration introduced a temporary 10% baseline tariff as several countries began to reassess their positions. 

TRUMP RIPS SUPREME COURT TARIFF RULING IN SOTU, VOWS NEW LEGAL FIGHT AFTER 6-3 BLOW

“The Supreme Court verdict has created a trilemma for U.S. trade partners, including India,” Ajay Srivastava, founder of the Global Trade Research Initiative, told FOX Business. “Everyone is waiting for more clarity.”

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Earlier this month, the U.S. announced a trade framework easing reciprocal duties, bringing relief to Indian markets. Under that arrangement, U.S. tariffs on Indian goods were set to fall to 18%, higher than the current 10% baseline. India had also agreed to purchase $500 billion worth of U.S. goods over five years. 

The deal was expected to take effect in April. But with the tariff landscape now changed, the South Asian giant could stand to benefit, and experts say it may have gained leverage.

Commerce Secretary Howard Lutnick talks about the Trump Gold Card as President Donald Trump looks on in the Oval Office of the White House in Washington, D.C., Friday, Sept. 19, 2025.

Commerce Secretary Howard Lutnick talks about the Trump Gold Card as President Donald Trump looks on during an executive order signing in the Oval Office of the White House in Washington, D.C. (Fox News/Pool / Fox News)

“The new tariff is lower than the negotiated rate, and the uniform levy erases the competitive advantage concessions were meant to secure,” Srivastava said. “There is little rationale for offering tariff cuts, investment pledges or procurement commitments to Washington, especially when identical access to the U.S. market is available even without a deal.” 

TRUMP TRIMS SOME TARIFFS AFTER SUPREME COURT LOSS BUT KEEPS TRADE FIGHT ALIVE

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India’s purchases of Russian oil have also remained a sticking point. In the original trade discussions, President Trump said New Delhi had “committed to stop directly or indirectly importing Russian Federation oil,” though Indian officials made no public mention of such a pledge. 

India, the world’s third-largest oil importer and consumer, is expected to see its purchases of Russian crude fall to a two-year low this month. Still, against the backdrop of the court’s ruling, analysts say India will likely continue to buy Russian oil.

US President Donald Trump and Indian Prime Minister Narendra Modi sit in the Oval Office

President Donald Trump speaks with the press as he meets with Indian Prime Minister Narendra Modi in the Oval Office of the White House in Washington, D.C., Feb. 13, 2025.  (Jim Watson/AFP via Getty Images / Getty Images)

President Trump has remained defiant through it all, insisting his deals are secure. In a Truth Social post following the Supreme Court’s decision, he said, “Any Country that wants to ‘play games’ with the ridiculous Supreme Court decision, especially those that have ‘Ripped Off’ the U.S.A. for years, and even decades, will be met with a much higher Tariff, and worse, than that which they just recently agreed to. BUYER BEWARE!!!”

The White House still has several legal tools at its disposal to pursue its economic agenda, including alternative trade authorities and reopening new trade investigations.

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In the latest escalation with India, the administration imposed a 126% solar import duty, suggesting that its “America First” policy remains a priority. The levies follow allegations that Indian companies unfairly benefited from government subsidies and undercut American manufacturers. According to the U.S. Census Bureau trade data, solar imports from the country surged to nearly $793 million in 2024, a roughly ninefold jump from 2022.

According to the Office of the United States Trade Representative, total U.S.-India trade in goods and services reached approximately $212 billion in 2024, underscoring the scale of their economic relationship. 

Goods trade alone accounted for about $129 billion, with the U.S. running a $45.8 billion goods trade deficit with India, a gap that continues to shape tariff negotiations between the two countries.

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US Stocks: Block shares soar 16% as Jack Dorsey leans on AI to trim workforce

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US Stocks: Block shares soar 16% as Jack Dorsey leans on AI to trim workforce
Block shares soared more than 16% on Friday after the fintech firm announced it would nearly halve its workforce as part of an overhaul to embed artificial intelligence tools across its operations.

The layoffs are the most visible signs of how the industry is navigating the ‌impact of ⁠AI, with ⁠Block’s CEO, tech billionaire Jack Dorsey, warning that most companies were “late” to realize the emerging technology’s potential.

“At its core, it’s about how some companies may ​be run going forward – not just doomsday headcount reductions, but also enabling higher ROI investments in growth and FCF,” analysts at Evercore ​ISI wrote, referring to free cash ⁠flow.

Accelerating AI ‌adoption is helping companies to cut jobs in divisions most exposed to automation. Economists at Goldman Sachs have estimated ⁠that AI was responsible for job losses amounting to a 5,000 to 10,000 hit to average monthly job growth in the industries most exposed to it in 2025.

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Block was one of the companies that aggressively hired during the pandemic as the use of digital payments and online commerce spiked.


“In Block’s case, this looks like a mix ‌of AI efficiency gains and an overdue clean-up of corporate bloat,” said Matt Britzman, an analyst at Hargreaves ​Lansdown.
The company’s ​workforce jumped from ⁠about 3,800 employees in 2019 to more than 10,000 in 2025 as it battled increasing pressures from rising competition in its payments and buy-now-pay-later ​segments.

“While the RIF (reduction in force) is large, it does bring Block’s headcount back toward pandemic-era levels, making it a standout in gross profit per employee, well ahead of its peers including Visa,” J.P. Morgan analysts said.

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