Block (Square) Layoffs - Severance, Resources & Job Search Tips

Information for Block (Square) employees affected by layoffs. Severance details, alumni networks, job search resources, and career transition tips.

Block (Square) Layoffs

Fintech | San Francisco, CA | ~12,000 employees
3-4 months
Typical Severance
1
Recent Layoff Events
Fintech
Industry

Severance Information

What to Expect

Typically 3-4 months with career transition support.

Note: Severance packages vary by role, tenure, and specific circumstances. This is general guidance based on reported packages.

Layoff History

January 2024

1,000 affected

Operational efficiency

Resources for Block (Square) Alumni

Payments industry
SMB tech
Point-of-sale ecosystem

Career Transition Tip

SMB fintech experience is valuable. Consider Toast, Clover, or adjacent POS companies.

Next Steps

  1. Review your severance package carefully - Don't sign immediately. You typically have 21-45 days.
  2. File for unemployment - Do this right away in your state. Find your state's guide
  3. Update your LinkedIn and resume - Include quantifiable achievements from Block (Square)
  4. Tap into alumni networks - Block (Square) alumni are often eager to help
  5. Consider your health insurance options - Compare COBRA vs. ACA marketplace plans

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