Block layoffs

The short version

• Biggest round: Feb 2026, 4,000 jobs.
• 1 of the 3 rounds were tied to AI by the company or credible reporting.
• That is the 2nd largest total among the 32 Fintech employers we track.
• We track 227 employers in United States with layoffs since 2022.

Hiring elsewhere in Fintech

Every round, newest first

1. Feb 2026−4,000AI · confirmed

   Jack Dorsey cut nearly half of Block's staff, taking the Square and Cash App owner from over 10,000 workers to just under 6,000, citing AI tools and smaller teams.

   About the figure: Reported as more than 4,000 employees, nearly half the workforce.

   Source: TechCrunch

2. Mar 2025−931(8% of workforce)

   Block laid off 931 people, roughly 8% of staff; Jack Dorsey's email cited strategy, performance and a flatter hierarchy, and said the cuts were not about financial targets or replacing workers with AI.

   Source: TechCrunch

3. Jan 2024−1,000

   Block laid off about 1,000 employees across Cash App, Square and other units as Jack Dorsey moved to cap headcount at 12,000.

   Source: Outlook Business

Common questions about Block

How many people has Block laid off?

We have tracked 3 rounds of cuts at Block since Jan 2024. The rounds with a stated headcount add up to 5,931 jobs.

When was the latest Block layoff?

Feb 2026: 4,000 jobs. Jack Dorsey cut nearly half of Block's staff, taking the Square and Cash App owner from over 10,000 workers to just under 6,000, citing AI tools and smaller teams.

Did Block blame AI for its layoffs?

Yes, for some rounds. We count a cut as AI-related only when the company said so or credible reporting made the link.