{"id":63841,"date":"2026-03-19T13:19:37","date_gmt":"2026-03-19T06:19:37","guid":{"rendered":"https:\/\/hbbgroup.net\/block-inc-laid-off-4k-employees-last-month-some-are-already-back\/"},"modified":"2026-03-19T13:19:37","modified_gmt":"2026-03-19T06:19:37","slug":"block-inc-laid-off-4k-employees-last-month-some-are-already-back","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/block-inc-laid-off-4k-employees-last-month-some-are-already-back\/","title":{"rendered":"Block, Inc. laid off 4K employees last month, some are already back"},"content":{"rendered":"<div data-testid=\"html-renderer-container\">\n<p>Block, Inc., the firm behind payment platforms Square, Cash App and Afterpay, has quietly brought back some of the thousands of workers it laid off in late February with its transition to rely more on artificial intelligence.<\/p>\n<p>Multiple Block employees posted on LinkedIn this month that they were offered a place to return to the company after initially being part of the 4,000 employees who were fired.<\/p>\n<p>Design engineer Andrew Harvard <a title=\"https:\/\/www.linkedin.com\/posts\/aharvard_update-block-leadership-informed-me-that-share-7434277848775045120-uYwD?utm_source=social_share_send&#038;utm_medium=ios_app&#038;rcm=ACoAACaADSQBEee58wseQTi8eWAg758hG3z3fHA&#038;utm_campaign=copy_link\" href=\"https:\/\/www.linkedin.com\/posts\/aharvard_update-block-leadership-informed-me-that-share-7434277848775045120-uYwD?utm_source=social_share_send&#038;utm_medium=ios_app&#038;rcm=ACoAACaADSQBEee58wseQTi8eWAg758hG3z3fHA&#038;utm_campaign=copy_link\" target=\"_blank\" rel=\"nofollow noopener\">said<\/a> on March 3 that he rejoined after being told that his layoff was due to a clerical error. \u201cThey offered me the opportunity to return, and I\u2019ve accepted,\u201d he added.<\/p>\n<p>On March 8, technical lead Richard Hesse <a title=\"https:\/\/www.linkedin.com\/posts\/richardhesse_id-like-to-sincerely-thank-everyone-who-activity-7436109439222542336-OYdH?utm_medium=ios_app&#038;rcm=ACoAACaADSQBEee58wseQTi8eWAg758hG3z3fHA&#038;utm_source=social_share_send&#038;utm_campaign=copy_link\" href=\"https:\/\/www.linkedin.com\/posts\/richardhesse_id-like-to-sincerely-thank-everyone-who-activity-7436109439222542336-OYdH?utm_medium=ios_app&#038;rcm=ACoAACaADSQBEee58wseQTi8eWAg758hG3z3fHA&#038;utm_source=social_share_send&#038;utm_campaign=copy_link\" target=\"_blank\" rel=\"nofollow noopener\">said<\/a> he was the only member of his team who wasn\u2019t impacted by the staff cut and that he spent two days convincing management that he needed more staff to continue working on \u201cinfrastructure highly critical to our customers.\u201d<\/p>\n<p>\u201cI&#8217;m happy to share that they listened to my requests and have decided to re-hire some of  those laid off,\u201d he said. \u201cWhile my teams were not returned to full levels, I&#8217;ll have enough to continue on.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-03\/019d04a9-f7fa-7bb5-9d0f-e2b721026f17.png\"><figcaption><em>Source: <\/em><a title=\"https:\/\/www.linkedin.com\/posts\/richardhesse_id-like-to-sincerely-thank-everyone-who-activity-7436109439222542336-OYdH?utm_medium=ios_app&#038;rcm=ACoAACaADSQBEee58wseQTi8eWAg758hG3z3fHA&#038;utm_source=social_share_send&#038;utm_campaign=copy_link\" href=\"https:\/\/www.linkedin.com\/posts\/richardhesse_id-like-to-sincerely-thank-everyone-who-activity-7436109439222542336-OYdH?utm_medium=ios_app&#038;rcm=ACoAACaADSQBEee58wseQTi8eWAg758hG3z3fHA&#038;utm_source=social_share_send&#038;utm_campaign=copy_link\" target=\"_blank\" rel=\"nofollow noopener\"><em>Richard Hesse<\/em><\/a><\/figcaption><\/figure>\n<p>Chane Rennie, creative strategy lead, <a title=\"https:\/\/www.linkedin.com\/posts\/chanerennie_relieved-to-share-that-i-was-asked-to-rejoin-activity-7437563367831236608-aT9J?utm_source=li_share&#038;utm_content=feedcontent&#038;utm_medium=g_dt_web&#038;utm_campaign=copy\" href=\"https:\/\/www.linkedin.com\/posts\/chanerennie_relieved-to-share-that-i-was-asked-to-rejoin-activity-7437563367831236608-aT9J?utm_source=li_share&#038;utm_content=feedcontent&#038;utm_medium=g_dt_web&#038;utm_campaign=copy\" target=\"_blank\" rel=\"nofollow noopener\">said<\/a> on March 12 that he was asked to rejoin the company about <a title=\"https:\/\/cointelegraph.com\/news\/jack-dorsey-block-cuts-4000-jobs-ai-restructuring\" href=\"https:\/\/cointelegraph.com\/news\/jack-dorsey-block-cuts-4000-jobs-ai-restructuring\">a week after being laid off<\/a>, but did not explain why.<\/p>\n<p>Cointelegraph contacted Block, Inc on what staff were rehired, but did not receive an immediate response.<\/p>\n<p>Block CEO Jack Dorsey acknowledged at the time of the layoffs that Block may have made some missteps in its staff cut decisions and had built in flexibility to correct course.<\/p>\n<p><template data-ct-widget=\"buzzsprout\" data-buzzsprout-podcast-id=\"2040516\" data-buzzsprout-episode-id=\"18518100\"><\/template><\/p>\n<p>Dorsey said recent advances in AI tools forced Block to restructure its 6,000-strong workforce, adding that AI now \u201cfundamentally changes what it means to build and run a company.\u201d<\/p>\n<p>The Guardian <a title=\"https:\/\/www.theguardian.com\/technology\/2026\/mar\/08\/block-ai-layoffs-jack-dorsey\" href=\"https:\/\/www.theguardian.com\/technology\/2026\/mar\/08\/block-ai-layoffs-jack-dorsey\" target=\"_blank\" rel=\"nofollow noopener\">reported<\/a> that several fired Block employees pushed back against Dorsey\u2019s assertions that AI tools can effectively replace workers at scale.<\/p>\n<p><em><strong>Related: <\/strong><\/em><a title=\"https:\/\/cointelegraph.com\/news\/ai-boost-jobs-trillions-dollars-infrastructure-needed-nvidia-huang\" href=\"https:\/\/cointelegraph.com\/news\/ai-boost-jobs-trillions-dollars-infrastructure-needed-nvidia-huang\"><em><strong>Nvidia\u2019s Huang: AI will boost jobs as it needs trillions in infrastructure<\/strong><\/em><\/a><\/p>\n<p>Some of those laid off said they believed the staff cuts were Dorsey\u2019s way of regaining investor confidence, with Block shares down double digits so far this year.<\/p>\n<p>Block, which offers a range of Bitcoin (<a title=\"http:\/\/cointelegraph.com\/bitcoin-price\" href=\"http:\/\/cointelegraph.com\/bitcoin-price\" target=\"_blank\" rel=\"nofollow noopener\">BTC<\/a>) and <a title=\"https:\/\/cointelegraph.com\/news\/fold-revenue-rises-adds-customers-bitcoin-rewards\" href=\"https:\/\/cointelegraph.com\/news\/fold-revenue-rises-adds-customers-bitcoin-rewards\">crypto products<\/a> with Square and Cash App, currently has 27 job <a title=\"https:\/\/block.xyz\/careers\/jobs\" href=\"https:\/\/block.xyz\/careers\/jobs\" target=\"_blank\" rel=\"nofollow noopener\">listings<\/a> on its website.<\/p>\n<p>The only two position types currently listed are manager or account executive, and none of the roles specifically mention the <a title=\"https:\/\/cointelegraph.com\/news\/cftc-ai-trading-bots-crypto-gains\" href=\"https:\/\/cointelegraph.com\/news\/cftc-ai-trading-bots-crypto-gains\">use of AI<\/a> in the job descriptions.<\/p>\n<p>Meanwhile, the Algorand Foundation, the team behind the Algorand layer-1 blockchain, said it had made the \u201cdifficult decision\u201d to <a title=\"https:\/\/cointelegraph.com\/news\/algorand-foundation-staff-layoffs-crypto-market-uncertainty-macro\" href=\"https:\/\/cointelegraph.com\/news\/algorand-foundation-staff-layoffs-crypto-market-uncertainty-macro\">reduce its headcount by 25%<\/a> on Wednesday, blaming the crypto slump and macroeconomic uncertainty.<\/p>\n<p>On Monday, blockchain analytics platform Messari also <a title=\"https:\/\/cointelegraph.com\/news\/messari-ceo-eric-turner-steps-down-amid-pivot-ai-staff-cuts\" href=\"https:\/\/cointelegraph.com\/news\/messari-ceo-eric-turner-steps-down-amid-pivot-ai-staff-cuts\">announced staff cuts<\/a> as part of its transition to become an AI-first company.<\/p>\n<p><em><strong>Magazine: <\/strong><\/em><a title=\"https:\/\/cointelegraph-magazine.com\/big-questions-can-bitcoin-save-you-from-the-cantillon-effect\/\" href=\"https:\/\/cointelegraph-magazine.com\/big-questions-can-bitcoin-save-you-from-the-cantillon-effect\/\" target=\"_blank\" rel=\"nofollow noopener\"><em><strong>Big Questions: Can Bitcoin save you from the dreaded Cantillon Effect?<\/strong><\/em><\/a><\/p>\n<p><template data-type=\"markets_outlook\" data-name=\"subscription_form\" data-label=\"Subscription Form: Markets Outlook\"><\/template><\/div>\n<p>Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph\u2019s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy <a href=\"http:\/\/cointelegraph.com\/editorial-policy\">https:\/\/cointelegraph.com\/editorial-policy<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Block, Inc., the firm behind payment platforms Square, Cash App and Afterpay, has quietly brought back some of the thousands [&hellip;]<\/p>","protected":false},"author":5,"featured_media":63843,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-63841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/63841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=63841"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/63841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/63843"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=63841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=63841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=63841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}