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Block shares soar 24% as company slashes workforce by nearly half

Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.

BusinessBy Wire ServicesFebruary 26, 20261 min read

Last updated: April 4, 2026, 4:50 PM

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Block shares soar 24% as company slashes workforce by nearly half

Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.

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