Block weighs cutting up to 10% of jobs, with recent reports indicating the company is considering workforce reductions that could affect hundreds of employees across its operations and roles. Those potential cuts would come after the company introduced a 12,000-employee cap in 2023, a policy point referenced in reporting on the review. The developments are presented in coverage of an ongoing workforce review.
Block Inc.’s workforce review is part of a broader overhaul of the company’s business, and the review has been identified in reporting as a component of wider operational changes. Hundreds of Block employees have been told their jobs are at risk, with those notifications delivered amid the company’s personnel assessment. The company introduced a 12,000-employee cap in 2023, a policy point referenced in coverage of the review. As of November, Block had fewer than 11,000 employees, a headcount figure included in reporting on the workforce review. These elements — the workforce review, the risk notifications to hundreds of employees, the 2023 employee cap, and the November headcount — appear together in accounts of the company’s organizational review.
Block Inc.’s shares have fallen 14% year-to-date in 2026, while the S&P 500 has risen 1.27% over the same period. The company recorded a 23% decline in its stock price during 2025. Those performance figures are presented alongside coverage of Block’s recent developments and offer a direct comparison with the broader market benchmark. The comparison with the S&P 500 is included to show relative performance. This summary excludes earnings estimates and employee-related details.
The focus here is on recent market performance and comparative benchmark movement. No other operational or financial details are included.
Block Inc. is due to post its fourth-quarter earnings on Feb. 26. The company’s adjusted earnings forecast for the quarter is $403 million, or 68 cents per share. That forecast is presented alongside the company’s reported adjusted earnings per share of 71 cents in fourth-quarter 2024. The timing and forecast figures are reported in recent coverage of the company.
Block’s business units include Cash App and Square. The company also operates Bitkey, Proto and the Spiral unit. Those business units were listed in reporting on Block’s operations and structure.
This summary lists the reported earnings timing, the adjusted-earnings forecast and the prior adjusted EPS figure, together with Block’s named business units. No stock-price performance or employee headcount information is included here.
Block Inc. is reportedly considering significant workforce reductions as part of a broader overhaul of its business, and reporting has noted that the company previously established limits on its total employee headcount. It maintains multiple business units, and recent coverage has documented notable declines in its stock during recent periods.
