PANews reported on February 27 that US fintech company Block (formerly Square) announced layoffs of nearly half of its employees, reducing its workforce from overPANews reported on February 27 that US fintech company Block (formerly Square) announced layoffs of nearly half of its employees, reducing its workforce from over

CZ comments on Block's stock price surge after layoffs: Either learn to use AI to its fullest potential, or you'll be laid off.

2026/02/27 12:28
1 min read

PANews reported on February 27 that US fintech company Block (formerly Square) announced layoffs of nearly half of its employees, reducing its workforce from over 10,000 to less than 6,000, causing its stock price to surge by approximately 18%. Binance founder CZ retweeted the news, commenting, "Either learn to use AI to its fullest potential, or you'll be laid off."

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.