Cut nearly half of Block's workforce (4,000+ employees, reducing from 10,000 to ~6,000) in February 2026, citing AI replacing human roles. Said "100 people + AI = 1,000 people" and predicted most companies would make similar cuts within a year. Critics and a former exec alleged the cuts were standard cost-cutting disguised as AI transformation.
All receipts on Jack Dorsey
Jack Dorsey
Dorsey left Bluesky's board in May 2024, citing its drift toward centralized moderation as incompatible with his free speech values. He endorsed X as "freedom technology" and in July 2025 launched Bitchat, a peer-to-peer Bluetooth mesh messaging app with no central servers, no internet required, and ephemeral encryption — specifically designed to be censorship-resistant.
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Jack Dorsey — Free Speech: SUPPORTED Dorsey left Bluesky's board in May 2024, citing its drift toward centralized moderation as incompatible with his free speech values. He endorsed X as "freedom technology" and in… https://reciepts.tech/stance/1240
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See all →Cut 4,000 Block employees in February 2026 citing AI, declaring "AI agents are peers to human employees" and predicting most companies would follow. Posted on X that Block would "use AI to do the work instead" of backfilling eliminated roles. Critics labeled it "AI washing" for financial difficulties; Block stock had fallen 40% since January 2025.