Fintech company Block lays off 4,000 employees as CEO says AI 'does it better'

Feb 27, 2026 - 13:01
Fintech company Block lays off 4,000 employees as CEO says AI 'does it better'
Financial technology company Block will be laying off 4,000 employees as a smaller team using artificial intelligence is tipped to "do more and do it better" - boosting the company's share price