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Block says it is laying off 4,000+ of its 10,000+ employees, saying AI tools have changed "what it means to build and run a company"; XYZ ju


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2026-02-27 03:02:12
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Developers , General News

Annie Palmer / CNBC:

Block says it is laying off 4,000+ of its 10,000+ employees, saying AI tools have changed “what it means to build and run a company”; XYZ jumps 23%+ after hours  —  Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.




Annie Palmer / CNBC:

Block says it is laying off 4,000+ of its 10,000+ employees, saying AI tools have changed “what it means to build and run a company”; XYZ jumps 23%+ after hours  —  Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.



Source: TechMeme
Source Link: http://www.techmeme.com/260226/p49#a260226p49


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