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workforce restructuring

Block Layoffs: 4,000 Jobs Cut in AI-Driven Restructuring

Block Layoffs: 4,000 Jobs Cut in AI-Driven Restructuring

ALGERIATECH Editorial
March 2, 2026

Jack Dorsey's Block slashed 4,000 jobs — nearly half its workforce — citing AI tools. Stock surged 24%. Is this the template for AI-native companies?

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