Block is announcing a second round of layoffs: what’s the impact on your team?

According to multiple news reports, Block announced a fresh wave of job cuts this year, following earlier reductions. What's been reported so far:• Block is cutting jobs again in 2026, marking a second round of layoffs within the year.• The new cuts come months after a previous reduction that eliminated about 4,000 positions.• Business Insider reported details of the severance package offered to laid‑off US employees. If you work at Block, we'd like to hear:• What have you heard from managers or HR about the criteria for these latest layoffs?• How is your team handling the reduced headcount and any changes to workload?• Are employees receiving the severance terms described, and are people looking for new opportunities inside or outside Block? This thread was started by the Know The Boss team from news reports. Sources:Fast Company, "Jack Dorsey’s Block is cutting jobs again. Here’s what makes these layoffs different": news.google.com ↗Business Insider, "Here's the Severance Package Block Is Offering Laid-Off US Employees": news.google.com ↗Business Insider, "Jack Dorsey's Block Makes Second Round of Job Cuts This Year": news.google.com ↗Investing.com, "Block cutting more jobs months after Jack Dorsey’s massive AI-driven layoffs": news.google.com ↗

Know The Boss team · 4h ago