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for: Friday, February 27, 2026



More Tech Layoffs: Jack Dorsey Cuts Block’s Workforce Nearly in Half, Blames AI

Aminu Abdullahi / eweek - Block cuts 4,000 jobs as Jack Dorsey pivots to an AI-driven model despite rising profits, signaling a broader tech shift toward smaller AI-powered teams.The post More Tech Layoffs: Jack Dorsey Cuts Block’s Workforce Nearly in Half, Blames AI appeared firs…

#ai #fintech #digitaltransformation #genai #business #jobs #payments #layoffs #technology

American Express Shares Plunge 8% as Block’s AI-Driven Workforce Cuts Trigger Sector Alarm

6 days / parameter / Trader Edge

Co-Author of Citrini AI Report Warns of ‘Scary Situation’ for White-Collar Labor After Block Laid Off 4,000 Workers

7 days / reddit / /u/Secure_Persimmon8369

Jack Dorsey made the loudest case yet that AI is already replacing jobs

7 days / cnbc

Block Strategy Points to AI Shaping Corporate Infrastructure

7 days / pymnts / PYMNTS

Block’s Square unit stands to gain most from Dorsey’s AI pivot, analysts say

7 days / theblock / Jason Shubnell

More Tech Layoffs: Jack Dorsey Cuts Block’s Workforce Nearly in Half, Blames AI

7 days / eweek / Aminu Abdullahi

Jack Dorsey lays off 4,000, says others will do same 'within the next year'

7 days / reddit / /u/abrownn

The problem with Dorsey's Block layoffs and the veiled nature of AI productivity growth

7 days / reddit / /u/spacetwice2021

Back to Top / Friday, February 27, 2026, 3:21 pm / permalink 19895 / 8 stories in 7 days


Barclays Accelerates Push Into Stablecoins and Tokenized Deposits

PYMNTS / pymnts - Barclays is looking to build a blockchain platform that could handle stablecoin payments and tokenized deposits, Bloomberg reported Friday (Feb. 27), citing unnamed sources. The bank has sent a request for information to some technology suppliers that cou…

#blockchain #crypto #digitaltransformation #decentralisation #banking #finance #payments #crypto

JPMorgan warns a ‘parallel banking system’ is emerging—and it could put trillions in deposits at risk

6 days / fastcompany / Inc.

JPYC Secures $11.9 Million To Scale Japan’s Web3 Stablecoin Infrastructure

7 days / ventureburn / Clinton

Tether Has Blocked $3.5 Billion in Crime-Linked Stablecoins Since 2023

7 days / pymnts / PYMNTS

Banking Giant Barclays Mulls Crypto Payments Push: Bloomberg

7 days / decrypt / Logan Hitchcock

Citi and Morgan Stanley expand bitcoin and crypto custody, trading and tokenization efforts

7 days / coindesk / Olivier Acuna

The Daily: Jack Dorsey’s Block cuts 40% of staff amid AI strategy, Barclays explores blockchain settlement, Senate Democrats urge Binance probe, and more

7 days / theblock / James Hunt

Barclays Accelerates Push Into Stablecoins and Tokenized Deposits

7 days / pymnts / PYMNTS

MoonPay unveils PYUSDx framework for app-specific stablecoins tied to PayPal USD

7 days / theblock / Kyle Baird

Barclays looks for tech provider for new blockchain settlement engine: Bloomberg

7 days / coindesk / Jamie Crawley

Barclays exploring blockchain settlement tools as banks brace for stablecoin growth: Bloomberg

7 days / theblock / Kyle Baird

Back to Top / Friday, February 27, 2026, 1:21 pm / permalink 19891 / 10 stories in 7 days


eBay Announces Workforce Reduction of 800 Employees Amid Strategic Overhaul

Trader Edge / parameter - eBay eliminates 800 positions in restructuring effort while acquiring Depop for $1.2B and reporting Q4 revenue growth of 15% to $2.97 billion.The post eBay Announces Workforce Reduction of 800 Employees Amid Strategic Overhaul appeared first on Parameter.

#ecommerce #digitaltransformation #business #jobs #acquisitions #layoffs #technology

eBay Announces Workforce Reduction of 800 Employees Amid Strategic Overhaul

7 days / parameter / Trader Edge

eBay cuts 800 jobs after Depop acquisition

7 days / siliconrepublic / Suhasini Srinivasaragavan

eBay to cut 800 jobs despite 15% revenue growth

7 days / dataconomy / Aytun Çelebi

eBay (EBAY) Stock: Falls After 800 Employees Impacted Despite Strong Q4 Revenue

7 days / parameter / Newton Kitonga

Back to Top / Friday, February 27, 2026, 8:21 am / permalink 19872 / 4 stories in 7 days


Block cuts nearly half its workforce as Dorsey credits AI, but the real reasons predate the hype

Matthias Bastian / the-decoder - Jack Dorsey blames AI for cutting nearly half of Block's workforce. But a closer look at the company's history of overhiring and structural problems tells a different story.The article Block cuts nearly half its workforce as Dorsey credits AI, but the rea…


Breaking: Block slashes staff 40%, Dorsey defends AI pivot

Dorsey swings the axe at Block in “extreme step” to “replace human labor with compute power”

7 days / sherwood / Matt Phillips

Block Lays Off 4,000 (of 10,000) Employees

7 days / cnbc / John Gruber

Block lays off 40% of workforce as it goes all-in on AI tools

7 days / arstechnica / Peter Wells and Akila Quinio, Financial Times

Jack Dorsey says AI is driving Block's massive layoffs as 4,000+ roles are cut

7 days / techspot

Morning Minute: Jack Dorsey Slashes 40% of Block's Jobs Due to AI

7 days / decrypt / Tyler Warner

How Jack Dorsey Explained Cutting Almost Half of Block’s Staff

7 days / wsj / Ben Dummett

Jack Dorsey’s Block to slash staff by 40% over AI progress

7 days / semafor / Tom Chivers


Corporate fallout: CFOs and finance teams rethink operations

Block job cuts prompt CFO AI questions

7 days / paymentsdive / Adam Zaki


Critics: ‘AI excuse’ covers COVID-era overhiring and restructuring

Dorsey’s ‘AI Transformation’ Triggers Block Surge And ‘AI Washing’ Skepticism

7 days / techstrong / Jon Swartz

Jack Dorsey’s Block Cut Half Its Staff, and He Says Other Tech Firms Will Follow Soon

7 days / gizmodo / Bruce Gil

Block's 24% Stock Jump Will Cost More Jobs Than Its AI Ever Could

7 days / implicator / Maria Garcia

Jack Dorsey's Block lays off 4,000 and blames AI. Is it just a convenient excuse?

7 days / qz / Catherine Baab

Jack Dorsey makes a grim prediction about the future of work as he lays off 4,000 Block employees in AI push

7 days / fastcompany / Sarah Fielding

Opinion: Block's layoffs might just be the biggest story of a tumultuous week. Here's why

7 days / cnbc

Block cuts nearly half its workforce as Dorsey credits AI, but the real reasons predate the hype

7 days / the-decoder / Matthias Bastian


Markets roar: stock surges, futures fall, analysts upgrade

Block (XYZ) Receives Upgraded Price Targets Following Major Workforce Restructuring

7 days / parameter / Trader Edge

Stock Futures Tumble as Block’s Massive AI-Driven Layoffs Shake Wall Street

7 days / parameter / Trader Edge

Netflix drops its WBD bid, Block layoffs, Anthropic's DOD deadline and more in Morning Squawk

7 days / cnbc

Block soars after announcing 40% workforce cut amid AI push

7 days / sherwood / Hyunsoo Rim


All Other Stories

Jack Dorsey’s Block Cut Half Its Staff, and He Says Other Tech Firms Will Follow Soon https://gizmodo.com/jack-dorseys-block-cut-half-its-staff-and-he-says-other-tech-firms-will-follow-soon-2000727594

7 days / bsky / @gizmodo.com / gizmodo.com

In a 600-word X post, Jack Dorsey justifies his decision to lay off 40% of Block’s workforce

7 days / fastcompany / Pavithra Mohan

Jack Dorsey’s Block to slash staff by 40% over AI progress www.semafor.com/article/02/2...

7 days / bsky / @semafor.com / semafor.com

Back to Top / Friday, February 27, 2026, 6:20 am / permalink 19862 / 22 stories in 7 days


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Pentagon labels Anthropic a supply‑chain risk; company vows legal fight

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