alt Hacker News> i had two options: cut gradually over months or years as this shift plays out, or be honest about where we are and act on it now.
Sounds like a false dichotomy. The third option is that he could have kept them around. It would be financially feasible given that "our business is strong. gross profit continues to grow, we continue to serve more and more customers, and profitability is improving.".
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adastra22 • today at 8:32 AM
If AI was that much more productive, then Block would be able to take on much bigger challenges and expand their revenue even faster. The AI explanation doesn't add up.
PunchTornado • today at 6:14 AM
On shareholder money? No thank you. If 1 person can do the job, why keep 2?
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As someone who comes from a country where it's very hard to fire people, don't make that mistake.
Staying in a company where you're not wanted is a miserable experience. The company will do anything to make you leave. Plus, it weakens companies and makes for a poor general worker experience.
What should be done instead is mandate generous severance packages that increase with tenure. But give companies a clear path to fire people when they don't want to employ them anymore.