The AI Great Reset: Why Jack Dorsey's Block is Slashing 4,000 Jobs to Go "Intelligence-Native" In a move that sent shockwaves through Silicon Valley and the financial markets, Block Inc. (formerly Square) announced a radical restructuring that will see its workforce shrink by 40%. CEO Jack Dorsey revealed the plan alongside the company's Q4 2025 earnings call, framing the mass layoff not as a sign of distress, but as a strategic "pivot" toward an AI-driven future. The announcement immediately caught Wall Street's attention, causing Block stock to surge 24% in after-hours trading. The Massive Cut: From 10,000 to 6,000 Block is reducing its headcount from over 10,000 employees to just under 6,000 . This represents a loss of roughly 4,000 roles across its various ecosystems, including Square, Cash App, and Afterpay. According to Block CFO Amrita Ahuja , the company is moving away from the "growth at all costs" hiring model of the past decade....