Block Inc.
TechnologyAI-Cited LayoffsUnited States5 layoff rounds tracked
12,600
Total Jobs Cut
May 2026
Most Recent
4,000
Largest Single Layoff
Yes
AI Cited
Layoff Timeline
May 2026
2,500 jobs cut
AI-CITED
Reason: Secular change in how AI affects its operations
February 2026
4,000 jobs cut(40% of workforce)
AI-CITED
Reason: AI automation; CEO said AI tools can perform a wider range of tasks
February 2026
1,100 jobs cut(10% of workforce)
AI-CITED
Reason: AI tools changing what it means to build and run a company
About Technology Layoffs
Other Technology Layoffs
Sources
Business Standard India
Secular change in how AI affects its operations
MedhaCloud
AI automation; CEO said AI tools can perform a wider range of tasks
SkillSyncer
AI tools changing what it means to build and run a company
CNBC
AI automation of financial operations
Engadget
Becoming leaner organization
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