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International Business Times UK
International Business Times UK
Marty Vergel Baes

Jack Dorsey's Block Questioned Over $68 Million Party Precedes Shocking 4,000 Layoff Allegedly Disguised as Company Strategy

Jack Dorsey’s block $68 million party spending sparks fury as 4,000 face layoff amid company’s AI push (Credit: Screenshot from YouTube)

A lavish $68 million (approximately £50.3 million) celebration has placed Jack Dorsey's Block at the centre of controversy after the company cut 4,000 jobs just five months later, citing artificial intelligence as justification.

In September 2025, Block reportedly spent $68 million (approximately £50.3 million) on a single corporate party, a figure that quickly ignited debate across social media and financial circles. The scale of the spending, first highlighted in a viral post on X, stunned observers who compared it to the annual payroll of roughly 200 employees earning $340,000 (approximately £251,600) each.

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