Block eliminated more than 4,000 roles (headcount down from >10,000 to just under 6,000) in a one-time reduction to speed integration of internal AI tools (including a system called Goose) and move to smaller teams. Affected employees get 20 weeks pay plus one week per year of tenure, equity through end of May, six months health coverage, corporate devices and $5,000 transition support (local packages for internationals). Management said full-year gross profit was $10.36B (up 17% YoY), gross profit growth accelerated from Q1 to Q4 2025, and raised its full-year gross profit outlook; it expects Q1 operating income of $600M and Q1 gross profit of $2.8B. Shares jumped about 25% in aftermarket trading.

Concrete, company-reported facts: a >40% workforce reduction (>4,000 jobs), upgraded profit outlook and explicit Q1 guidance ($600M operating income, $2.8B gross profit), and an immediate ~25% aftermarket share jump — together these are positive, market-moving items.