Block Notifies Workers of Second Layoff Round This Year

Block notified workers of job cuts on November 4, 2026, with some workers on Wednesday that it was eliminating their roles. The notification includes employees in the US, where Block employees in the US who were hit in the company's latest round of cuts will receive at least 60 days of pay, plus severance. The exact scale of the cuts wasn't immediately clear. At Metaintro, we track layoffs, store closures and return-to-office mandates in our layoffs tracker.

Which Teams Are Affected?

The latest notification marks the second wave of layoffs at the company since the beginning of the year, this time affecting the Cash App and Square divisions.

The operational changes reach several teams: The optimization will affect the Customer Ops, Risk Ops, and Learning & Content Operations teams. Alongside the reductions, The changes include job cuts, redistribution of responsibilities, and reporting lines.

Why Is Block Cutting Jobs?

The staff email described changes to how work is handled, referring to using better tools to handle routine tasks and refocusing our teams' time on complex cases and decisions.

The announcement follows financial results: The layoffs come after the company posted better-than-expected third-quarter profits amid growth at Square, its seller-services business, and Cash App, its consumer financial services app.

What Support Will Workers Receive?

For affected US workers who sign an agreement, Affected US workers who sign a severance agreement will get another 30 days of pay without working, for a total of 90 days.

Additional assistance includes a one-time $5,000 payment, which the company said was for transition assistance. Benefits depend on the agreement: the benefits are contingent on workers signing.

What Should Affected Workers Do Next?

• Review your separation agreement and seek qualified advice before signing.

• Save personal copies of permitted employment and benefits documents.

• Update your resume with recent responsibilities and accomplishments.

• Build a job-search plan around your skills, budget and preferred work.

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People Also Asked

Q: Does Severance Vary By Location?

A: Employees outside the US would receive different severance packages depending on location.

Q: What Happens To Other Affected Employees?

A: Some employees will permanently leave the company, receiving compensation packages similar to those in February, while others will move to consulting positions.

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