Block Cuts 40% of Its Work Force Because of Its Embrace of A.I.

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its top executive said.

Feb 27, 2026 - 12:30
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Block Cuts 40% of Its Work Force Because of Its Embrace of A.I.
About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its top executive said.

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