Block Inc slashes 40% of its staff as Jack Dorsey pushes ‘smaller, flatter’ AI strategy
Jason Shubnell / theblock - Block is reducing its staff from over 10,000 people to just under 6,000, Dorsey said in a note to the company.
- AI-driven mass layoffs — Dorsey's companywide reset (8)
- Costs, earnings, banking growth: business impact (5)
- Market rallies: stock surge after layoffs announced (6)
- OTHER: comments, reposts and miscellaneous coverage (3)
- All Other Stories
AI-driven mass layoffs — Dorsey's companywide reset
Costs, earnings, banking growth: business impact
Market rallies: stock surge after layoffs announced
OTHER: comments, reposts and miscellaneous coverage
All Other Stories
Back to Top / Thursday, February 26, 2026, 4:21 pm / permalink 19833 / 25 stories in 8 days
EBay Is Laying Off About 800 Workers, 6% of Global Workforce
msmash / slashdot - EBay is cutting about 800 jobs, or 6% of its full-time employees, saying the layoffs are needed to align its workforce with strategic priorities. From a report: "We are taking steps to reinvest across our business and align our structure with our strategi…
Back to Top / Thursday, February 26, 2026, 10:21 am / permalink 19798 / 8 stories in 8 days