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TechFlow news: On February 9, Bloomberg reported that payment company Block Inc. has begun notifying hundreds of employees that their positions may be eliminated. According to sources familiar with the matter, the layoffs could affect up to 10% of the company’s workforce. As of late November 2025, Block employed fewer than 11,000 people. The layoff notices were issued during the company’s annual performance review period.
According to Bloomberg, payment company Block Inc. has begun notifying hundreds of employees that their positions may be eliminated. Sources familiar with the matter said the layoffs could affect up to 10% of the company’s workforce. As of late November 2025, Block had fewer than 11,000 employees. The layoff notices were issued during the company’s annual performance review period.
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