Block $SQ is cutting 4,000 plus roles, roughly 40% of headcount. The stock jumped about 20% plus on the news. Dorsey’s thesis is simple. “A significantly smaller team, using the tools we’re building, can do more and do it better.” This was not framed as distress. Q4 gross profit grew 24% year over year. The shift towards AI collaborative teams is getting clear. Efficiency is getting rewarded. For informational purposes only. Not investment advice.