🇵🇰🇦🇫 Pakistan has announced the start of an open war with Afghanistan. Overnight airstrikes targeted Taliban positions, with fresh strikes reported again this morning. The situation is escalating fast.

Jack Dorsey just fired half his company.

and the stock went up 23% after hours.

let that sink in.

#blocks - $XYZ, the parent of Square and Cash App, just cut 4,000+ people.

Nearly HALF the workforce. Gone.

here's Jack's statement and it doesn't fuck around:

"The intelligence tools we're creating, 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."

He considered doing it gradually over months. Then chose to rip the bandaid:

"Repeated rounds of cuts are destructive to morale, to focus, and to the trust that customers place in our ability to lead."

This is NOT a distressed company. Block just posted $10B+ in gross profit in 2025. Up 17% YoY.

They're cutting from a position of STRENGTH.

the part everyone's going to miss:

The market rewarded this instantly. +23% after hours.

That's the signal.

We are entering an era where the most valuable thing a company can say is:

"We need fewer humans to do more work."

And Wall Street is going to keep rewarding that statement every single time.

Think about what this means at scale:

$AMZN: 16,000 cut in January — AI restructuring
$XYZ: 4,000 cut in February — AI restructuring

$IBM: stock down 27% because Claude replaces what their consultants do

$CRWD, $ZS: down 10%+ because Claude does security scans

This isn't a recession. There's no macro crisis.

This is a structural, permanent reallocation of labor happening in real time.

The companies that move fast and go "AI-native" are getting re-rated higher.

The ones that don't are getting IBM'd.

Jack Dorsey understood it. He chose the hard, clear action.

the future is smaller teams. bigger output. higher margins.

the market is telling you exactly where this ends up.