Block, Inc. (NYSE: SQ) Faces Challenges and Embraces AI for Future Growth

Block’s recent earnings report (Q4 2025, released February 26, 2026) showed an adjusted EPS of $0.65, meeting expectations, and revenue of $6.25 billion, slightly exceeding forecasts. The company announced a significant workforce reduction, laying off over 4,000 employees (nearly 40–50% of its ~10,000–12,000-person workforce) as part of a strategic shift toward enhancing efficiency through artificial intelligence. Block, Inc., is a prominent player in the financial technology sector. The company, led by Jac ...