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Block Inc. Rehires Laid-Off Employees But Don't Get Excited
Jack Dorsey's Block cut 4,000+ employees (~40% workforce) in Feb 2026, citing AI restructuring.
Now, at least 4 employees have been rehired:
→ 1 due to "clerical error"
→ Others after senior staff threatened to quit
That's 4 out of 4,000. Not a reversal.
Block is doubling down on AI-first operations. Mass layoffs across tech (Meta, Amazon, Block) signal a structural shift — fewer humans, more automation.