Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
- Posted on February 27, 2026
- By Google News
- 3 Views
Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
Shares in the financial technology company Block have soared more than 20% in after-hours trading after its CEO announced it was laying off more than 4,000 of its 10,000 some employees due to efficiency gains from artificial intelligence
