Was the previous massive layoffs (announcing AI to replace human labor) just a ploy to boost the stock price? (The stock price surged 25% after the layoff announcement.) Block (Square) @Square recently staged a dramatic reversal: Laying off 4,000 people at the end of February due to its #AI transformation, it started asking for rehires in early March. 😂 Quietly rehiring some employees, claiming the previous "layoff list was wrong." Block, the parent company of payment platforms Square and Cash App, recently quietly rehired some employees laid off at the end of February. This round of layoffs initially involved approximately 4,000 people and was part of the company's strategy to transform into artificial intelligence. Several employees revealed their return to the company on LinkedIn. Design engineer Andrew Harvard stated on March 3 that he was told the layoffs were due to a "clerical error" and had accepted the company's offer to rehire him. Technical lead Richard Hesse stated that he spent two days persuading management that his team's work was "critical to the client" and required sufficient manpower, ultimately leading the company to agree to rehire some of the laid-off employees. Creative strategy lead Chane Rennie also revealed on March 12th that he was asked to return to work approximately one week after the layoffs. #Block #JackDorsey #AILayoffs #Programmer