The Weekly Cut · published Mar 1, 2026
AI layoffs this week: Feb 23, 2026 – Mar 1, 2026
The largest event of the week was Block, with 4,000 roles cut (Nearly 40% of workforce (from over 10,000 to just under 6,000). Dorsey stressed the business was strong (Q4 gross profit $2.87B, +24% YoY) and framed the cuts as proactive AI-enabled restructuring.). Across the week, cuts touched finance, technology.
Every figure below links to its company timeline and public source. Attribution labels follow the methodology.
Every cut this week
| Date | Company | Industry | Attribution | Jobs cut |
|---|---|---|---|---|
| Feb 26, 2026 | Block | Finance | Explicit | 4,000 |
| Feb 24, 2026 | WiseTech Global | Technology | Explicit | 2,000 |