{"id":328732,"date":"2026-03-08T19:30:10","date_gmt":"2026-03-08T19:30:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/328732\/"},"modified":"2026-03-08T19:30:10","modified_gmt":"2026-03-08T19:30:10","slug":"jack-dorsey-defends-wearing-love-hat-while-firing-4000-employees-in-pivot-to-ai","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/328732\/","title":{"rendered":"Jack Dorsey Defends Wearing &#8220;Love&#8221; Hat While Firing 4,000 Employees in Pivot to AI"},"content":{"rendered":"<p class=\"article-paragraph skip\">Sign up to see the future, today<\/p>\n<p class=\"article-paragraph skip\">Can\u2019t-miss innovations from the bleeding edge of science and tech<\/p>\n<p class=\"pw-incontent-excluded article-paragraph skip\">Twitter co-founder and Block (formerly Square) CEO Jack Dorsey ain\u2019t your typical corporate suit. For one, he doesn\u2019t always wear them. He <a href=\"https:\/\/www.theverge.com\/2021\/8\/9\/22617551\/jack-dorsey-bitcoin-unite-country-world-peace-cryptocurrency\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">brings up<\/a> \u201cworld peace\u201d when endorsing his favorite tech like crypto. Nobody really knows where he lives. He meditates frequently and sports a longish beard. He comes off as more New Age guru than CEO.\u00a0<\/p>\n<p class=\"pw-incontent-excluded article-paragraph skip\">So perhaps it was very on brand that, when Dorsey <a href=\"https:\/\/futurism.com\/artificial-intelligence\/jack-dorsey-block-layoffs-ai\" rel=\"nofollow noopener\" target=\"_blank\">announced he was firing 4,000 employees at Block<\/a>, he was wearing a hat that said \u201cLOVE\u201d on it in prominent lettering.<\/p>\n<p class=\"pw-incontent-excluded article-paragraph skip\">Was the \u201cLOVE\u201d hat was tone-deaf? That may seem a silly consideration compared to the broader concern of Dorsey eliminating around 40 percent of his company\u2019s workforce, especially given his explanation that AI motivated the cuts.\u00a0<\/p>\n<p class=\"pw-incontent-excluded article-paragraph skip\">But his sartorial choices evidently angered at least one employee at a company meeting after Dorsey announced the layoffs, leading <a href=\"https:\/\/www.wired.com\/story\/jack-dorsey-explains-block-layoffs\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">Wired to ask in an interview<\/a> if a \u201ccompassionate layoff\u201d was indeed possible.<\/p>\n<p class=\"pw-incontent-excluded article-paragraph skip\">Dorsey, ever the romantic, argued that it was. In fact, he seemed to suggest, that\u2019s exactly what he was trying to do.<\/p>\n<p class=\"pw-incontent-excluded article-paragraph skip\">\u201cI don\u2019t think it\u2019s an impossible task,\u201d he told Wired. \u201cI wanted to approach the whole situation with love.\u201d<\/p>\n<p class=\"pw-incontent-excluded article-paragraph skip\">\u201cWe had an all-hands where they could show me all the emotion and give me the feedback,\u201d he continued. \u201cI believe our settlement to be generous compared with the rest of the market. I wanted to do it from a position of strength, so that we\u2019re not offering a less interesting severance package for people when our backs are against the wall.\u201d<\/p>\n<p class=\"pw-incontent-excluded article-paragraph skip\">You hear that? \u201cLOVE\u201d is kicking someone, or four thousand someones, to the curb \u2014 while making sure they don\u2019t land on the asphalt too hard, somehow.<\/p>\n<p class=\"pw-incontent-excluded article-paragraph skip\">Asked about the massive layoffs his frenemy Elon Musk carried out after buying Twitter \u2014 with more than 6,000 culled, he claims \u2014 Dorsey seemed to approve.<\/p>\n<p class=\"pw-incontent-excluded article-paragraph skip\">\u201cTwitter was a public company becoming a private company, loaded up with a massive amount of debt,\u201d Dorsey told Wired. \u201cElon could dramatically change the business model, which it needed. I\u2019m grateful for all that. I think Twitter should have been private for quite some time.\u201d<\/p>\n<p class=\"pw-incontent-excluded article-paragraph skip\">Dorsey\u2019s layoffs <a href=\"https:\/\/futurism.com\/artificial-intelligence\/ai-jobs-apocalypse-feeling-real\" rel=\"nofollow noopener\" target=\"_blank\">stoked fears that AI was beginning to eliminate white collar jobs<\/a>. In his announcement, Dorsey explained that \u201cintelligence\u201d tools were creating a \u201cnew way of working\u201d with smaller teams. Under this new paradigm, he implied, you had to stay competitive by embracing AI and leaner organizations. Experts, <a href=\"https:\/\/futurism.com\/artificial-intelligence\/jack-dorsey-block-ai-layoffs-insider\" rel=\"nofollow noopener\" target=\"_blank\">and a former employee<\/a>, however, have argued that AI\u2019s shiny promises are being used as cover for carrying out decisions that are motivated by other financial factors \u2014 like over-hiring during COVID.<\/p>\n<p class=\"pw-incontent-excluded article-paragraph skip\">More on AI: <a href=\"https:\/\/futurism.com\/artificial-intelligence\/ai-brain-fry\" rel=\"nofollow noopener\" target=\"_blank\">AI Use at Work Is Causing \u201cBrain Fry,\u201d Researchers Find, Especially Among High Performers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Sign up to see the future, today Can\u2019t-miss innovations from the bleeding edge of science and tech Twitter&hellip;\n","protected":false},"author":2,"featured_media":328733,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,343,344,85,46,125],"class_list":{"0":"post-328732","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-il","12":"tag-israel","13":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/328732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=328732"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/328732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/328733"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=328732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=328732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=328732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}