Opinion: Block's layoffs might just be the biggest story of a tumultuous week. Here's why

  • Posted on February 27, 2026
  • By CNBC
  • 3 Views
Opinion: Block's layoffs might just be the biggest story of a tumultuous week. Here's why

Block, Jack Dorsey's payments company, will cut 6,000 of its 10,000 workers as it embraces AI. CNBC's Steve Sedgwick says it's the biggest story of the week.
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