Block is providing laid-off US employees with a minimum of 60 days' pay and severance. Affected workers will receive at least seven weeks of base pay, with an additional week for each year of service. Those who sign a severance agreement will get an extra 30 days of pay, totaling 90 days without working. The company is also offering three months of COBRA premium coverage for healthcare and a $5,000 transition assistance payment. These terms differ slightly from previous layoffs, particularly regarding healthcare coverage duration.
https://www.businessinsider.com/block-november-layoffs-severance-package-2026-11