Jack Dorsey Just Fired 40% of His Company. Stock Soared 24%. He Says You're Next
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Jack Dorsey Just Fired 40% of His Company. Stock Soared 24%. He Says You're Next
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February 27, 2026: Jack Dorsey cuts 40% of Block's workforce — 4,000 jobs — credits AI, and predicts most companies will follow within a year. We do a deep dive on whether this is genuine AI transformation or a compelling narrative layered on top of a management mistake, and why the answer might be both.
Plus: Anthropic draws a hard line against the Pentagon, refusing to allow Claude to be used in autonomous weapons or mass domestic surveillance — and faces threats of being labeled a national security risk. OpenAI closes the largest private funding round in tech history at $110 billion and an $840 billion post-money valuation. And despite all the doom headlines, computer science graduates are on track to earn $81,500 starting salaries in 2026 — up 7% from last year.