FINTECH · OAKLAND, CA

Block layoffs

4,931

Employees laid off

As the company stated them.

2

Layoffs

Since 2025.

Feb 26, 2026

Most recent

4,000+ employees.

Employees laid off by year

01k2k3k4k 2025: 931 employees2026: 4,000 employees 20252026
Chart data
PeriodEmployees
2025931
20264,000

Layoffs at Block

4,000+ employees · 40% of the workforce

AI · company

Block is laying off more than 4,000 people, taking headcount from over 10,000 to just under 6,000. CEO Jack Dorsey argues AI tools let smaller, flatter teams do the work.

AI
Company cited AI: Dorsey and the CFO said AI tools let smaller teams automate more of the work.
Sources
CNBC (opens in a new tab) News report, Feb 26, 2026
Fortune (opens in a new tab) News report

931 employees · 8% of the workforce

Block laid off 931 employees, about 8% of its staff, in cuts CEO Jack Dorsey said were not aimed at hitting a financial target or at replacing people with AI.

Source
TechCrunch (opens in a new tab) News report, Mar 25, 2025

How we count

Each layoff is an announcement a company made or confirmed, with at least one source. Employee totals add the numbers as stated: “about”, “at least” and “up to” figures count as given, and layoffs without a number count toward companies and layoffs only. Headquarters filters use where a company is based, not where the cuts happen.

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