Gergely Orosz

Block (Jack Dorsey's company) is laying off 40% of its workforce. The commentary notes that Dorsey has historically been unpredictable in how he runs his companies, and suggests that in uncertain economic times, CEOs tend to follow confident leadership signals.

Hard to read too much into the massive (40%) Block layoffs in its rationale or not, because Jack Dorsey has always been very unpredictable on how he ran his companies.

But it's true that in uncertain times, CEOs look for certainty, and someone acting confident is often copied.H

<p>Hard to read too much into the massive (40%) Block layoffs in its rationale or not, because Jack Dorsey has always been very unpredictable on how he ran his companies.

But it's true that in uncertain times, CEOs look for certainty, and someone acting confident is often copied.H</p>

Hard to read too much into the massive (40%) Block layoffs in its rationale or not, because Jack Dorsey has always been very unpredictable on how he ran his companies. But it's true that in uncertain times, CEOs look for certainty, and someone acting confident is often copied.H