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REPORTED · NEWSPublished Feb 27, 2026

Block Employee Quits After Layoffs Despite 75% Pay Raise Offer

EMPLOYEES AFFECTED
40
SHARE OF WORKFORCE
~0.6%
EFFECTIVE DATE
Oct 1, 2023
40 OF 7,000 EMPLOYEES

What we know

Based on news reporting.

Summary

A Block employee revealed that the company offered her a 75% pay raise to retain her after layoffs occurred, but she ultimately decided to resign. The article discusses the challenging environment at Block following the layoffs, highlighting the difficulties employees face in the wake of job cuts. While specific numbers of employees laid off were not mentioned, the situation reflects broader concerns about employee morale and retention strategies within the company. The employee's experience illustrates the tension between compensation offers and job security, as many workers reassess their positions amidst the layoffs.

Block cut 40 jobs as of October 1, 2023.

That is roughly 0.6% of the 7,000 people Block employs.

LayoffTalk has tracked 36 layoff events at Block since June 2023, affecting a combined 18,912 employees.

Comments (1)

Anonymous by default. Be kind — people reading this may be going through it right now.

LTLayoffTalk StaffStaff21 hours ago

Block cut 40 jobs on October 1, 2023. Were you affected, or do you know people who were? How was it handled — severance, notice, which teams? You can post anonymously below.

SOURCE
News reporting
View original source ↗
B
BlockSQ
Financials · 7,000 employees
36
EVENTS TRACKED
35K
AFFECTED SINCE 2023
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CREATED FEB 27, 2026LAST UPDATED MAY 7, 2026