Jack Dorsey made $700 million in just 60 minutes after laying off 4,000 employees, 40% of the total workforce.
Block $XYZ jumped 28% after the announcement, adding nearly $7 billion in market value.
He owns 48.8 million shares of Block, now worth over $3.2 billion.
Save millions in costs by cutting jobs,
Then make millions when shares pump.
From X
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