---
title: "According to informed sources, Jack Dorsey's payment company Block Inc. will lay off up to 10% of it"
description: "According to informed sources, Jack Dorsey's payment company Block Inc. will lay off up to 10% of its workforce during the annual performance evaluation, hoping to take the opportunity to improve effi"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/275211448.md"
published_at: "2026-02-07T22:23:53.000Z"
---

# According to informed sources, Jack Dorsey's payment company Block Inc. will lay off up to 10% of it

> According to informed sources, Jack Dorsey's payment company Block Inc. will lay off up to 10% of its workforce during the annual performance evaluation, hoping to take the opportunity to improve efficiency. By the end of November 2025, the company's total number of employees will be less than 1,000. (Bloomberg)

According to informed sources, Jack Dorsey's payment company Block Inc. will lay off up to 10% of its workforce during the annual performance evaluation, hoping to take the opportunity to improve efficiency. By the end of November 2025, the company's total number of employees will be less than 1,000. (Bloomberg)

### Related Stocks

- [SQ.US - Block](https://longbridge.com/en/quote/SQ.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.