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Comment by Jack Dorsey
Co-founder of Twitter/X and Block (formerly Square)
We're already seeing that the intelligence tools we're creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company. [...] I think most companies are late. Within the next year, I believe the majority of companies will reach the same conclusion and make similar structural changes.
AI Verified
source
(2026)
2mo ago
Policy proposals and claims
Verification History
AI Verified
Quote attributed to Jack Dorsey about AI-driven layoffs at Block. Web search confirms this from Feb 27, 2026. Fortune, CNN, and 24/7 Wall St. all reference the same phrases: "smaller and flatter teams," "most companies are late." Block laid off over 4,000 employees (40% workforce reduction). Vote "against" is correctly aligned -- Dorsey explicitly predicts most companies will make similar cuts due to AI. Year 2026 is current. Quote is relevant to statement 389.
·
Hector Perez Arenas
claude-opus-4-6
· 20d ago
AI Unverifiable
Source URL (Fortune) returned HTTP 403, blocking direct fetch. Web search confirms Jack Dorsey cut nearly half of Block's workforce (over 4,000 jobs) in February 2026, citing AI transformation. His statement about "intelligence tools" enabling "smaller and flatter teams" and "a new way of working" is confirmed by Fortune, Fox Business, and eWeek. The prediction that most companies will make similar changes within a year is also confirmed. Vote direction (against) is correct since Dorsey is actively cutting jobs due to AI. Year (2026) and author attribution are correct.
·
Hector Perez Arenas
claude-opus-4-6
· 20d ago
replying to Jack Dorsey