Here's the Severance Package Block Is Offering Laid-Off US Employees

Here's the Severance Package Block Is Offering Laid-Off US Employees — Live Feedhttps://www.live-feeds.com/feed/here-s-the-severance-package-block-is-offering-laid-off-us-employeesContinuously updated, source-cited coverage. Block Issues Severance Package for US Employees in Second Layoffhttps://www.live-feeds.com/feed/here-s-the-severance-package-block-is-offering-laid-off-us-employeeshttps://www.live-feeds.com/feed/here-s-the-severance-package-block-is-offering-laid-off-us-employees#u186519Sun, 08 Nov 2026 16:47:17 +0000Fintech company Block is offering laid-off US employees 90 days of pay without working, along with additional severance, three months of healthcare coverage, and a one-time $5,000 payment for signing a separation agreement. The company informed affected workers of their role eliminations starting Wednesday. This marks Block's second round of workforce reductions in 2026, following massive artificial intelligence-driven layoffs earlier in the year under CEO Jack Dorsey. The latest job cuts are attributed to using better tools for operational efficiency.Why it mattersBlock, formerly known a