Jack Dorsey’s Block to cut over 4,000 jobs as AI use expands, shares surge
- Posted on February 26, 2026
- By Google News
- 5 Views
Jack Dorsey’s Block to cut over 4,000 jobs as AI use expands, shares surge

Block on Thursday said it will cut over 4,000 jobs, or nearly half its workforce, as advances in AI reshape how it builds and runs its business, sending its shares up 22% in after-hours trading.