Block laying off 40 percent of staff, citing AI advancements
- Posted on February 27, 2026
- By The Hill
- 7 Views
Block laying off 40 percent of staff, citing AI advancements
Block, the parent company of payment apps Square, Cash App and Afterpay, is laying off more than 40 percent of its staff, pointing to recent advancements in artificial intelligence that are “enabli…
