Location: San Francisco, California, USA.
Department affected: AI Division.
Based on news reporting.
Block has announced plans to lay off approximately 200 employees from its AI division as part of a restructuring effort. This decision comes amid a broader reevaluation of the company's focus on artificial intelligence technologies. The layoffs are expected to impact the San Francisco office, where the AI team has been working on various projects. Block's leadership has indicated that these changes are necessary to streamline operations and enhance efficiency in a competitive market. The company aims to refocus its resources on core areas while navigating the evolving landscape of AI development.
Block cut 200 jobs affecting its AI Division team.
That is roughly 2.9% of the 7,000 people Block employs.
LayoffTalk has tracked 36 layoff events at Block since June 2023, affecting a combined 18,912 employees.
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Estimated figure based on news reporting. Not yet confirmed by Block.
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