Tag: AI impact on fintech jobs

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Fintech Layoffs AI: Block Cuts 4K Jobs in 2026 Amid AI Restructur

fintech layoffs AI is transforming the industry. When Block announced 4,000 layoffs-nearly 40% of its workforce-it wasn’t just another fintech cost-cutting move. It was a wake-up call: AI-driven efficiency isn’t just reshaping fintech’s future; it’s rewriting the rulebook. I remember sitting in a 2018 boardroom where a P2P lending executive argued “we’ll never outsource judgment.” […]
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