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I will say, to his credit, he has tried to make it clear the cuts weren't about money but do to tech and organizational shifts. https://x.com/jack/status/202712

I will say, to his credit, he has tried to make it clear the cuts weren't about money but do to tech and organizational shifts. https://x.com/jack/status/2027129697092731343?s=20 https://x.com/jack/status/2027129697092731343?s=20 He phrases it as due to redundant overhead for cashapp and square, plus a move to smaller, flatter teams as a result of AI. Not saying he's going to be right just that they're profitable and I believe this isn't a money thing.

darth_avocado 8mo ago
> I believe this isn't a money thing. What are you even talking about? Why does ANY business get rid of people? For funsies? X_X
- xnx 8mo ago
  > Why does ANY business get rid of people? Some people are negative value even if their salary was $0.
  - darth_avocado 8mo ago
    Sure. Hard to imagine 40% of your company is that.
    - kermatt 8mo ago
      If 40% of your company has ever been negative value than the problem starts at the top.