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Jack Dorsey's Block cuts thousands of jobs as it embraces AI

The Twitter co-founder says he believes the majority of firms will make similar changes "within the next year."

February 27, 2026

Related Pages (2)

Jack Dorsey Just Fired The Starting Gun On AI Layoffs

Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, attends the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. (Photo by M

forbes.com•February 27, 2026

Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI

File- This photo taken Nov. 19, 2015, shows Square CEO Jack Dorsey being interviewed on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File) This undated combination of photos show

apnews.com•February 27, 2026
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