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Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI

February 26, 2026February 27, 2026 · Technology

BANGKOK — Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000…

Read more Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
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