This is CRAZY. It turns out Jack Dorsey's Block $XYZ spent $68 million on a single party in September 2025, roughly the annual payroll for 200 employees at $340,000 each. Then 5 months later, he laid off 4,000 people (40% of the company's workforce), citing AI and "intelligence tools" as a reason. Many people are speculating the real reason is poor planning and overspending, not AI.