"I don't think it's an impossible task. I wanted to approach the whole situation with love. We had an all-hands where they could show me all the emotion and give me the feedback. I believe our settlement to be generous compared with the rest of the market. I wanted to do it from a position of strength, so that we're not offering a less interesting severance package for people when our backs are against the wall."
Jack Dorsey, known for his unconventional style and New Age philosophy, announced significant layoffs at Block affecting 4,000 employees. During the announcement, he wore a hat emblazoned with 'LOVE,' which some employees found tone-deaf. When questioned about whether compassionate layoffs were possible, Dorsey argued they were achievable through his approach. He emphasized offering generous severance packages and conducting all-hands meetings to gather employee feedback. Dorsey framed the cuts as necessary due to AI advancement and claimed to execute them from a position of strength rather than desperation. He also appeared to endorse similar massive layoffs conducted by Elon Musk at Twitter.
Read at Futurism
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