@nickshirleyy Mr. @nickshirleyy would love for you to join my NewsNation Prime program this weekend to discuss "Stop Nick Shirley Act" in CA. If you have interest please don't hesitate to shoot me a message - thanks!
Jack Dorsey just fired half his company.
Not gradually but all at once.
More than 4,000 people, gone.
And the stock didn't crash, it EXPLODED 22%.
Here's what's really going on.
Block, the company behind Cash App, Square and Afterpay, just announced the largest AI driven layoff in corporate history.
Headcount is being cut from 10,000 to under 6,000.
This was not a distress signal.
The company is profitable and the revenue is growing.
Dorsey chose this.
His exact words: "Intelligence tools have changed what it means to build and run a company."
"A significantly smaller team, using the tools we're building, can do more and do it better."
Translation: AI can do their jobs now. So they're gone.
But here's the part that should concern everyone.
Dorsey didn't stop there.
He said most companies will reach the same conclusion within a year.
"I'd rather get there honestly and on our own terms than be forced into it reactively."
He's not apologizing but he's warning.
The numbers tell the story Wall Street wanted to hear.
Block's 2026 profit guidance: up 54%.
Earnings per share projection of $3.66, crushing analyst expectations of $3.22.
Gross profit growing 18%.
The math is brutal but simple, fewer humans, more margins.
Inside the company, this has been building for months.
Block already cut 10% of staff earlier this month and 1,000 more last year.
Every remaining employee was required to use AI tools daily.
AI fluency was built into performance reviews.
If you couldn't keep up, you were next.
The internal AI platform is called "Goose."
It started as a small engineering test tool two years ago.
Now nearly every employee uses it.
Engineers are shipping 40% more code per person than they were six months ago.
That's the productivity gain that made 4,000 people expendable.
And here's the part nobody is talking about.
Days before this announcement, a research firm called Citrini published a fictional scenario:
AI tools so powerful they forced mass layoffs across America.
It rattled markets.
Then Block made it real.
Wall Street's reaction is the most dangerous signal of all.
A company fires half its people and stock rockets 22%.
Every board in America just watched that happen.
Every CEO just did the math.
Every worker should understand what that math means for them.
This is not one company's decision, this is a blueprint.
The question is no longer whether AI will replace jobs.
It's how fast.
I had a great conversation this week with Natasha Zouves of @NewsNation (and host of "The Truth of the Matter" podcast) about CIA behavior control experiments and MKULTRA. https://t.co/0N1IzokkUc
Working on a big Charlie Kirk special on @NewsNation Saturday night at 8pmET.
Working hard in Utah to find out everything we can and put it all together.
Our Plot To Kill Trump: One Year Later special hosted by @BrianEntin on @NewsNation that I produced. Check it out if you have time! https://t.co/PXnrvn01Op #News#Trump#NewsNation
In 2014, @Nike released this beautiful ad titled "Ripple," which illustrated Woods' impact on Rory McIlroy's development.
It’s still one of the best spots the company has ever produced.
A computer programmer is developing AI models and working in secret to find government waste.
She is determined to make all the data public — has been working with DOGE — and says she has found over 100 billion in waste and fraud.
Story Monday night at 7pmET on @newsnation.
BREAKING: The Dallas Mavericks are trading Luka Doncic, Maxi Kleber and Markieff Morris to the Los Angeles Lakers for Anthony Davis, Max Christie and a 2029 first-round pick, sources tell ESPN. Three-team deal that includes Utah.
Our full @NewsNation special on Forever Chemicals featuring @ErinBrockovich Chemical companies knew for years their products were linked to cancer. Why the EPA did nothing to stop the spreading on farmland remains a mystery.
https://t.co/TYecovLQPU
Don't miss our #NewsNation exclusive investigation into Forever Chemicals, how these cancer-causing chemicals would up on America's farmland and in our food special. @ErinBrockovich weighs in!
What happens when a program meant to help America’s farmers now threatens our food chain? @Erinbrockovich discusses the growing PFAS crisis in "Growing Broke: Forever Chemicals in America’s Heartland" this Saturday at 9p/8C. To watch: https://t.co/WTT0IBBRuZ @natashazouves