This is CRAZY.

It turns out Jack Dorsey's Block #XYZ spent $68 million on a single party in September 2025, roughly the annual payroll for 200 employees at $340,000 each.

Then 5 months later, he laid off 4,000 people (40% of the company's workforce), citing AI and "intelligence tools" as a reason.

Many people are speculating the real reason is poor planning and overspending, not AI.