Block laying off 40 percent of staff, citing AI advancements ...Middle East

Block, the parent company of payment apps Square, Cash App and Afterpay, is laying off more than 40 percent of its staff, pointing to recent advancements in artificial intelligence that are “enabling a new way of working.” The company’s CEO, Twitter co-founder Jack Dorsey, announced Thursday that they were reducing the company from over 10,000...

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Last updated : 27 February 2026 clock 06:01 PM

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Block laying off 40 percent of staff, citing AI advancements ...Middle East

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