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Jack Dorsey just fired half his company.
Not gradually but all at once.
More than 4,000 people, gone.
And the stock didn't crash, it EXPLODED 22%.
Here's what's really going on.
Block, the company behind Cash App, Square and Afterpay, just announced the largest AI driven layoff in corporate history.
Headcount is being cut from 10,000 to under 6,000.
This was not a distress signal.
The company is profitable and the revenue is growing.
Dorsey chose this.
His exact words: "Intelligence tools have changed what it means to build and run a company."
"A significantly smaller team, using the tools we're building, can do more and do it better."
Translation: AI can do their jobs now. So they're gone.
But here's the part that should concern everyone.
Dorsey didn't stop there.
...

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