Biggest % job cut in S&P 500 history
Ben noted that Block's layoffs represent the largest percentage-based job cut of any S&P 500 company ever recorded.
Snapshot · God Mode Podcast
Jack Dorsey Cuts Half of Block for AI | White-Collar Jobs Gone in 18 Months? | Why Plumbers Win | Qwen 3.5 and Nano Banana 2 | Running a Business With 10 AI Employees | EP02
Explore episode
Mar 9, 2026
Where this was said
Jack Dorsey Fires Half of Block — Stock Pumps 30%
At 1:41 · chapter starts 0:52
Jack Dorsey Fires Half of Block — Stock Jumps 30%
Jack Dorsey cut half of Block's workforce not because the business was struggling, but because AI is more productive. The market responded by pumping the stock 30%. This could be the template every public company copies in the next 12 months.
30% stock pump after layoffs
Block's stock rose 30% after Jack Dorsey announced he was cutting half the company's workforce to replace roles with AI.
You Won't Lose Your Job to AI — You'll Lose It to Someone Who Uses AI
It's not AI that will take your job — it's the person next to you who figured out how to use AI. This reframe changes everything about where to focus your energy right now.
Similar snapshots
$14K/month in 6 months
Sam built Algrow from zero to $14,000 in monthly revenue within just six months of shipping his first MVP.
10,000 users in 6 months
Algrow reached over 10,000 users in roughly six months, driven almost entirely by organic Discord community growth.
First 400 users from Discord
Sam acquired his first 400 users entirely through Discord communities, without paid advertising or traditional outreach.
480 new customers in one month
Algrow added exactly 480 new paying customers in its most recent month, demonstrating strong ongoing growth.
£10K revenue in last 4 weeks
Sam's Stripe dashboard showed over £10,000 in revenue in the last four weeks, equivalent to roughly $13,000–$14,000 USD.
Free access for early users as growth hack
Sam gave all early users free access so they could show the tool to friends, turning them into live demos and advocates who helped the product spread virally.
No self-promo rule exploit: screen sharing
By silently screen-sharing his tool in Discord voice chats rather than posting links, Sam attracted curiosity without violating no-self-promo server rules.
$10K+ from affiliate marketing first
Before building Algrow, Sam and two friends made over $10,000 in revenue through affiliate marketing for RizzApp by posting faceless texting story content.
First 100 customers from email list
Daily content drives traffic to a waitlist landing page; those email subscribers become your first 100 customers because they already trust you and want to solve the pain you address.
