Mastodawn

I think two things are true

1. Block is not a well run company.

2. Jack Dorsey’s layoffs at Block will give tech companies make similar AI-driven workforce changes. Similar to how Elon’s cuts at Twitter in 2022, kicked off a wave of layoffs and animosity towards tech employees that hasn’t abated.

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xgerman

@carnage4life assuming the remains 60% can do the work - layoffs are the easy way out. The better much harder thing would be to grow the business, explore adjacent business opportunities, etc. - so you can put the other 40% to work AND increase the revenue per engineer.