Block Reports 3x Development Velocity Gain as AI-Driven Restructuring Bears Fruit
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Block's 40% workforce reduction in early 2026 sparked skepticism, but the fintech giant now claims the leaner organization is shipping features at three times the previous pace. Owen Jennings, the company's business lead, announced at The Information's 2026 AI summit that Square released 130 features in the first half of 2026—more than triple the output from the same period last year—while operating with significantly smaller teams.
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