And more layoffs
https://www.axios.com/2026/02/26/block-layoffs-ebay-dorsey-amazon-facebook
Block announced on Thursday that it's cutting 4,000 employees, about 40% of its workforce.
...
By the numbers: U.S. companies announced 108,435 layoffs for January, up 118% from a year ago and up 205% from December 2025, per a recent report from outplacement firm Challenger, Gray & Christmas.
That's the highest number for any January since 2009.