"The second and biggest bucket, 460 people, is for “performance” reasons, with Dorsey explaining that Block is laying off employees who score a “below” rating on the company’s internal performance tracking metrics, or were trending towards it."
Anyone who has ever worked at a big company knows this is bullshit. I think people would prefer to not be lied to like this.
Also see: "Dropbox Faces Pressure From Activist Investor to End Co-Founder’s Control" https://archive.is/j0EE8
The proposal would require a majority vote for approval, meaning Houston’s support would be needed for it to pass. Houston currently has a roughly 77% voting stake
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[ 2.9 ms ] story [ 17.0 ms ] threadAnyone who has ever worked at a big company knows this is bullshit. I think people would prefer to not be lied to like this.
> Dorsey’s email denies that the layoffs are for financial reasons or to replace workers with AI.