Block (Square/Cash App)
FintechAI-Cited LayoffsUnited States4 layoff rounds tracked
10,100
Total Jobs Cut
February 2026
Most Recent
4,000
Largest Single Layoff
Yes
AI Cited
Layoff Timeline
February 2026
4,000 jobs cut(40% of workforce)
AI-CITED
Reason: AI automation; CEO said AI tools can perform a wider range of tasks
February 2026
1,100 jobs cut(10% of workforce)
AI-CITED
Reason: AI tools changing what it means to build and run a company
About Fintech Layoffs
Other Fintech Layoffs
Sources
MedhaCloud
AI automation; CEO said AI tools can perform a wider range of tasks
SkillSyncer
AI tools changing what it means to build and run a company
CNBC
AI automation of financial operations
Engadget
Becoming leaner organization
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