yes we over-hired during covid because i incorrectly built 2 separate company structures (square & cash app) rather than 1, which we corrected mid 2024. but this misses all the complexity we took on through lending, banking, and BNPL. and that we’re now targeting $2M+ gross profit per person, 4x our pre-covid efficiency, which stayed flat at ~$500k from 2019 until 2024. we have and do run an efficient company... better than most.
we're making @blocks smaller today. here's my note to the company. #### today we're making one of the hardest decisions in the history of our company: we're reducing our organization by nearly half, from over 10,000 people to just under 6,000. that...
save in bitcoin, as a seller or individual
bitcoin sellers map in cash app out now to 100%. convince your local square seller to turn on bitcoin acceptance for zero fees on sales. convince them to keep it as bitcoin to help them better survive dollar debasement.
we have one in @CashApp, all merchants (not just square) worldwide that accept bitcoin.
our sellers can now receive btc to btc, btc to fiat, fiat to btc, or fiat to fiat.
the first private collaborative multisig wallet
block is focused on making bitcoin everyday money
bitcoin is money
reach out to john if you want your @sqaure biz to accept bitcoins. zero fees. it's money.
bitcoin accepted here
let's make bitcoin the currency
.@signalapp should use bitcoin.
we want bitcoin to be everyday money asap
we need a de minimis tax exemption for everyday bitcoin transactions