[Jack Dorsey's Block Company Initiates Layoff Plan, May Cut 10% of Employees] According to Deep Tide TechFlow, on February 9, Bloomberg reported that payment company Block Inc. has begun notifying hundreds of employees that their positions may be eliminated. According to informed sources, the scale of this layoff may reach 10% of the company's total workforce. As of the end of November 2025, Block's total number of employees is less than 11,000. The layoff notices were issued during the company's annual performance review period.