Block halves its workforce to pursue AI-native future
TL;DR Summary
Block is cutting over 4,000 jobs, shrinking from more than 10,000 employees to under 6,000, in a pivot to an AI-native, faster company, per a post by Jack Dorsey. He says the move isn’t due to trouble but a strategic shift to leverage AI, announced alongside Q4 2025 results.
- Jack Dorsey’s Block cuts nearly half of its staff in AI gamble The Verge
- Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same CNN
- Block shares soar 24% as company slashes workforce by nearly half CNBC
- Mass layoffs: Block slashes staff by 40%, adding to growing tech cuts Axios
- Jack Dorsey just halved the size of Block's employee base — and he says your company is next TechCrunch
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