https://bizbriefcentral.com/tags/layoffs/Recent content in Layoffs on BizBriefCentralHugo -- gohugo.ioen-usFri, 27 Feb 2026 11:48:16 +0000https://bizbriefcentral.com/2026/02/block-cuts-thousands-of-jobs-as-jack-dorsey-embraces-ai/Fri, 27 Feb 2026 11:48:16 +0000https://bizbriefcentral.com/2026/02/block-cuts-thousands-of-jobs-as-jack-dorsey-embraces-ai/What Happened Block, the payments company founded by Twitter co-founder Jack Dorsey, has eliminated thousands of positions across its workforce in what the company describes as a strategic pivot toward AI-powered operations. The exact number of job cuts was not disclosed, but the layoffs represent a significant portion of Block’s employee base. Dorsey, who serves as Block’s CEO, made the announcement alongside a broader prediction about the future of work. He stated that he expects most companies to implement similar AI-driven workforce reductions within the next 12 months as artificial intelligence technology continues to advance and prove cost-effective for business operations.