cutby.ai
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

DateCompanyIndustryAttributionJobs cut
Feb 26, 2026BlockFinanceExplicit4,000
Feb 24, 2026WiseTech GlobalTechnologyExplicit2,000

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