Home / Technology / Block, the parent of Square and Cash App, is laying off over 4,000 people

Block, the parent of Square and Cash App, is laying off over 4,000 people

Block is the latest business to announce layoffs, opting to cut jobs in favor of using more AI tools.

Block is the latest business to announce layoffs, with the operator of payment platforms Square and Cash App opting to cut jobs in favor of using more AI tools. The financial tech company, helmed by Twitter founder Jack Dorsey, is slashing its curren… [1086 chars]

Source: Engadget | Published: 2026-02-26T22:33:43Z

Credit: Engadget

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