04/09/2026
Block's March workforce reduction — 10,000 to under 6,000 — wasn't a layoff story. It was a productivity benchmark.
For PE portfolios, budgeting 2026 headcount against pre-2025 ratios means overspending by 15-25% of opex. Operating leverage is the value creation story for the next 18 months — not revenue multiples.
Full breakdown: https://mbc-partners.com/blog/block-playbook-leverage-before-headcount?utm_source=facebook&utm_medium=organic&utm_campaign=content-engine