Jack Dorsey’s Oakland-based fintech company Block cutting 4,000 jobs over AI shift

February 27, 2026 at 04:04PM

Jack Dorsey’s Oakland-based fintech company Block cutting 4,000 jobs over AI shift
A major earthquake struck a coastal region this morning, causing widespread damage to buildings and infrastructure. Emergency services reported dozens of injuries and warned of potential aftershocks as rescue teams search through rubble.

Authorities announced a temporary curfew to facilitate response efforts and prevent looting. Hospitals are overwhelmed with patients, and shelters have been set up for displaced residents, many of whom lost homes and belongings.

Officials say the focus now is on rescue operations, utility repairs, and ensuring access to clean water and food. International aid has begun arriving, with offers of medical supplies, blankets, and temporary housing units.

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