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."

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