[guywithahat]

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

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]

> 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]

> Why does ANY business get rid of people?

Some people are negative value even if their salary was $0.

[darth_avocado]

Sure. Hard to imagine 40% of your company is that.

[kermatt]

If 40% of your company has ever been negative value than the problem starts at the top.