Jack Dorsey Cites AI as Reason for 4,000 Block Layoffs
Feb 27th 2026
Block announced roughly 4,000 job cuts the same day it posted strong Q4 2025 results, with Dorsey explicitly calling the move a structural shift driven by artificial intelligence and investors rewarding the decision.
- Block will eliminate about 4,000 roles, shrinking headcount from roughly 10,000 to about 6,000 with CEO Jack Dorsey saying AI made those roles unnecessary.