Tamez Labs

Jack Dorsey Fires 4000 Saying AI Replaces Humans


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Jack Dorsey just fired 4,000 people at Block—40 percent of the company—despite posting 24 percent profit growth and calling results "strong," and Wall Street made the stock jump 20 percent in a single day because he straight-up said AI tools can replace them. He didn't hide behind corporate speak about restructuring or market conditions—he literally told investors that smaller teams using intelligence tools work better, and that most companies are "late" to figuring this out. Block isn't struggling, they're just speed-running the part where profitable tech companies admit humans are now optional if the AI math works.
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