Dorsey’s Block, Inc. (XYZ) is Laying Off up to 10% of its Staff, Bloomberg Reports

Block, Inc. (NYSE:XYZ) is among the 12 Best Digital Currency and Payments Stocks to Buy Right Now. Dorsey's Block, Inc. (XYZ) is Laying Off up to 10% of its Staff, Bloomberg Reports Bloomberg News, citing sources familiar with the situation, stated on February 8, 2026, that Block, Inc. (NYSE:XYZ), Jack Dorsey’s fintech startup, is considering laying off as much as 10% of its employees during yearly performance assessments. The firm refrained from commenting right away, and Reuters was unable to independe ...