{
  "$type": "site.standard.document",
  "bskyPostRef": {
    "cid": "bafyreigiihs62j3llwb3hrg7royy3omcur37w23eiegw5inflaqi5qpdfi",
    "uri": "at://did:plc:avkh7zze5iapdkk6naaunrjn/app.bsky.feed.post/3mfscajhmhdi2"
  },
  "path": "/260226/p49#a260226p49",
  "publishedAt": "2026-02-26T21:17:59.000Z",
  "site": "http://www.techmeme.com",
  "tags": [
    "CNBC",
    "Block says it is laying off more than 4,000 of its 10,000+ employees; XYZ jumps 19%+ in extended trading"
  ],
  "textContent": "\n\n Annie Palmer / CNBC:\n**Block says it is laying off more than 4,000 of its 10,000+ employees; XYZ jumps 19%+ in extended trading**   —  Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.  The stock skyrocketed more than 24% in extended trading.",
  "title": "Block says it is laying off more than 4,000 of its 10,000+ employees; XYZ jumps 19%+ in extended trading (Annie Palmer/CNBC)"
}