FinanceUS
Block Layoffs
February 2025
Block announced a layoff affecting 4,000 employees (4.3% of its workforce) in February 2025. The company operates in the Finance sector.
People Affected
4,000
Percentage
4.3%
Announced Date
Feb 13, 2025
About
Block CEO Jack Dorsey announced on Thursday, February 13, 2025, that the company will cut about 4,000 jobs, framing the move as a shift in operations due to the increasing centrality of artificial intelligence in business decisions, rather than just cost-cutting.
Source
View Sourcewww.cnbc.comRelated Events
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