Jack Dorsey’s Block looking to cut up to 10% of workforce in latest efficiency push: Bloomberg

Feb 8, 2026.1 min read

Jack Dorsey's Block is reportedly planning to reduce its workforce by up to 10% as part of an ongoing efficiency initiative, according to Bloomberg. This move follows a significant layoff of 931 employees in March 2025 and comes just before the company's Q4 earnings report scheduled for February 26.

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