20260309 - Block's AI layoffs are fake too

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https://pivot-to-ai.com/2026/03/09/blocks-ai-layoffs-are-fake-too/ - blog post

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Sources:

• we're making @blocks smaller today. here's my note to the company https://x.com/jack/status/2027129697092731343
• Q4 2025 Shareholder Letter (PDF) https://s29.q4cdn.com/628966176/files/doc_financials/2025/q4/Q4-2025-Shareholder-Letter_Block.pdf
• Inside the Rolling Layoffs at Jack Dorsey's Block https://www.wired.com/story/inside-rolling-layoffs-jack-dorsey-block/
• Jack Dorsey's 4,000 Job Cuts at Block Arouse Suspicions of AI-Washing https://www.bloomberg.com/news/articles/2026-03-01/jack-dorsey-s-4-000-job-cuts-at-block-arouse-suspicions-of-ai-washing
• Current and former Block workers say AI can't do their jobs after Jack Dorsey's mass layoffs: 'You can't really AI that' https://www.theguardian.com/technology/2026/mar/08/block-ai-layoffs-jack-dorsey
• My employer Block laid off 40% of its workforce last Thursday (2/26) https://www.linkedin.com/feed/update/urn:li:activity:7434699479389405184/
• yes we over-hired during covid https://x.com/jack/status/2027290756793135253

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