Why make others misfortune a platform for ego expression? Why not doing things elegant, quiet, keep it in-house? Because misery of others drives stock prices up! It's a sacrifice he's willing to make.

Because it will go out today anyway on the investor call or later via leak so might as well get ahead of it.

>Block said Thursday it’s laying off more than 4,000 employees, or about half of its headcount. The stock skyrocketed more than 24% in extended trading.

Society provides support to this kind of decision, it's obvious why it happens.

And nobody really believes this whole "we got too efficient" so now we don't need 40% of our company anymore.

how do you layoff 40% quietly?