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    Block-Aktien steigen um 24 %, da das Unternehmen die Belegschaft um fast die Hälfte abbaut

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    41 Kommentare

    1. falilth on

      Any company that values stock prices over its employees deserves to go out of business.

    2. JurplePesus on

      Wow the economy is gonna be crazy good once they finish firing literally everyone – that’s how that works right?

    4. Imaginary-Spray3711 on

      In the USA investors should always be rewarded when companies fuck their workers. Capitalism!!

    6. SparseGhostC2C on

      I don’t really get why stock prices go up when people get laid off. If you have no staff, how the fuck are you going to make anything that makes money?

    10. jantoxdetox on

      In other news, company’s product has been selling half from last year because only 50% of the population has work and money to spare.

    11. yuusharo on

      If that headline alone doesn’t radicalize you, I don’t know what else to tell you.

      Evergreen: fuck Jack Dorsey.

    13. RCEden on

      how long before they start rehiring like every other company that has let people go because the AI can do it?

    17. valderium on

      As a blockchain company and looking at PayPal, it may have less to do with AI and more an indication of the tightening economy

    18. AtomWorker on

      Once again it needs to be pointed out Block’s stock has been performing poorly for years. They were pushing 270 back in mid-2021 and they’re currently sitting at 54. Other than a dip in 2023, this is the lowest they’ve been since 2018. On a 5-year timeline this jump doesn’t even register.

    19. shansoft on

      They are using AI as an excuse for layoff to increase profit margin. Most companies are having trouble with growth since COVID surges, need to find a way out without crashing the company stock. AI does not contribute much in term of productivity, and its cost to use is almost more expensive than hiring people.

    21. ben_kird on

      If AI makes it possible for one person to run a company, then it’s just as easy for one person to start a competing one. The same force that eliminates operational overhead also eliminates the barrier to entry.

    22. agarwaen117 on

      Stocks are so stupid. Any realistic person sees that a company fires half of its workforce and thinks, “oh god they’re going under.”

      Stock market thinks. WOW they must be doing great!

    23. etniesen on

      Yeah, that’s the problem with all this is you cut employees and the stock shares go up.

      If anybody wants to look at some different points, as to when everything went wrong, you could point to something like Regan getting elected and that being like the redistribution of wealth with those policies, but when we put all of the businesses of the world in the hands of shareholders it’s been an absolute downward spiral since

    24. kummer5peck on

      Investors are stupid and short sighted. Oh the company laid off all of its employees. More money for us!

    29. jamestown30 on

      Good luck running a company where your remaining employees either hate you, are afraid of you, or in the best case scenario know that you think they’re worthless. That’s the message Dorsey is sending to everyone who remains.

      Lots of software companies arguably have bloat and certain roles might be redundant/inefficient and therefore vulnerable to AI, but not half the company. If you had that many redundant roles in the first place, you’ve probably been a shitty CEO.

      Block as a company has been struggling for a long time and their products are mid with no real moat. Go check their stock chart. Hasn’t done much for years and this is a clear attempt to juice the price before they eat another 5 years of zero returns.

      Fuck em. I already didn’t use Cash app before (because it’s bad) but now I’ll make sure I boycott what I can. I don’t want to support companies that view human beings so expendably.

    31. theartfulcodger on

      Replace the Board of Directors *and* all C-Suite executives with AI, then watch costs tumble, and revenues rise.

    32. thefanciestcat on

      Is there something that makes you a pompous dipshit above a certain net worth or are these people born divorced from reality?

    35. AvailableReporter484 on

      So excited to see how these brain geniuses explain how we’re going to function post-labor, you know, once we’re all replaced by AI 😎

    36. EmbarrassedSeason420 on

      Cut half the people get 25% boost

      Cut another half get another 25% boost

      Cut another half get another 25% boost

      ……

      When jack is the only one left the company will be worth 10 times more.

      But if jack gets cut you get a company with zero people worth 12.25 billion

    37. RustyOrangeDog on

      Money exists foundationally as a societal construct that is toed to the value of ones labour. End stage capitalism is wild.

    40. Open-Concept-6130 on

      And this is why they always say it’s AI and not offshoring or whatever it actually is 

    41. krissirge on

      Stuff like this is why I think just keeping money in your drawer is better than investing it to the stock market.

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