Jack Dorsey nukes 40% of Blocks staff because AI

Dorsey says he had two options: do this in an orderly manner without putting the business at risk, or FULL SPEED AHEAD AND DAMN THE TORPEDOES. Jack chose the torpedoes.

A tweet from Jack Dorsey informs his staff and the world that while the company is profitable and growing, he feels the need to let 40% of the 10,000 workers go because AI will replace them sooner or later.

Rather than make the shift smoothly, Dorsey seems to be doing some sort of rip off the bandaid act to a business that wasn’t wounded. The severance p…