people · May 17, 2026
Block Cuts Over 4,000 Jobs in February 2026 Amid AI Job Reductions
Share the canonical public link.
Block laid off more than 4,000 employees from its workforce of over 10,000 in February 2026. The fintech company cited AI advancements as a factor in the restructuring alongside peers like Cisco. Block operates payment platforms including Square and Cash App. The cuts occurred as part of broader industry moves to reduce headcount.
Spend governor blocked model creation: provider_circuit_open (lane=dev, provider=together)