How many people has Block laid off?

Block has laid off a total of 5,750 employees across 3 reported layoff rounds. The first tracked event was in January 2024 and the most recent was in February 2026.

Is Block still hiring?

While Block has conducted layoffs, many large companies continue to hire in certain divisions even during restructuring periods. We recommend checking the Block careers page directly and browsing our job board for current openings.

What should I do if I was laid off from Block?

File for unemployment benefits immediately, review your severance agreement, and update your resume. Use our free Resume Builder to create an ATS-optimized resume, check market rates with our Salary Calculator, and explore open positions on our job board. Networking with former colleagues is also valuable — many find new roles through referrals within 3-6 months.

Block Layoffs

Block has laid off 5,750 employees across 3 rounds since 2024.

5,750

Total Laid Off

Rounds

Finance

Industry

Feb 2026

Most Recent

Layoff Timeline

February 26, 2026

4,000 employees(40% of workforce)

Block eliminated roughly 4,000 jobs — nearly half its workforce — in the largest AI-attributed layoff in tech history. CEO Jack Dorsey cited AI automation. Stock surged 24%.

August 4, 2025

750 employees

Block cut 750 Cash App and Square employees as fintech growth slowed across consumer payments.

January 11, 2024

1,000 employees

Block (formerly Square) cut about 1,000 employees across Cash App and Square to boost efficiency.

Were you affected? Here’s what to do next.

Update Your Resume

Free ATS-optimized resume builder

Check Market Rates

Know your worth before negotiating

Browse Open Jobs

Thousands of active listings

Frequently Asked Questions

Block Layoffs

Block has laid off 5,750 employees across 3 rounds since 2024.

5,750

Total Laid Off

Rounds

Finance

Industry

Feb 2026

Most Recent

Layoff Timeline

February 26, 2026

4,000 employees(40% of workforce)

Block eliminated roughly 4,000 jobs — nearly half its workforce — in the largest AI-attributed layoff in tech history. CEO Jack Dorsey cited AI automation. Stock surged 24%.

August 4, 2025

750 employees

Block cut 750 Cash App and Square employees as fintech growth slowed across consumer payments.

January 11, 2024

1,000 employees

Block (formerly Square) cut about 1,000 employees across Cash App and Square to boost efficiency.

Were you affected? Here’s what to do next.

Update Your Resume

Free ATS-optimized resume builder

Check Market Rates

Know your worth before negotiating

Browse Open Jobs

Thousands of active listings

Block Layoffs

Layoff Timeline

Were you affected? Here’s what to do next.

Frequently Asked Questions

Related job searches

Block Layoffs

Layoff Timeline

Were you affected? Here’s what to do next.

Frequently Asked Questions

Related job searches