Companies
Block
Payments and fintechOakland, CaliforniaXYZ10,205 employees
WorkHush has 3 source-backed updates on Block workforce changes since March 2025. The latest, added August 5, 2026: $495 million in charges as workforce plan concludes (company report). Read it with sources ›
More about Block
Runs Square payment and software tools for sellers, the Cash App consumer finance app and Afterpay pay-over-time service
Revenue
$24.2B
Fiscal 2025, roughly flat
Employees
10,205
As of December 2025, full-time, before the 2026 cuts
Stock
XYZ
New York Stock Exchange
Headquarters
Oakland, California
CEO
Jack Dorsey
Co-founder; title is Block Head and chairperson
BrandsSquare, Cash App, Afterpay
Current strategyReorganizing around smaller, flatter teams using AI tools after a large workforce cut
Recent workforce changesMore than 40% of staff (over 4,000 people) cut in February 2026
CompetitorsPayPal, Stripe, Fiserv
Checked October 11, 2026 · Sources: sec.gov, sec.gov (2), finance.yahoo.com
Block · Company report$495 million in charges as workforce plan concludesReported in Form 10-Q filed August 5, 2026 · Source: SEC Form 10-QBlock · Announced reductionMore than 40% of workforce cut; Bloomberg put it at about 4,000 jobsAnnounced February 26, 2026 · Sources: SEC Form 8-K, Block shareholder letter (SEC Exhibit 99.1), BloombergBlock · Reported layoffs931 jobs cut, about 8% of staffInternal email sent March 25, 2025 · Sources: TechCrunch, BizWest, California EDD WARN report
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