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TIDAL Cuts More Staff: ‘We Are Going to Be Smaller, Focus on Fewer Things’

Tidal layoffs are announced, with the Block-owned streaming service telling Billboard it is "going to be smaller" and "focus on fewer things."

We are going to be smaller, focus on fewer things, and move with a relentless approach to product development.” In a memo to staff obtained by Fortune, Block CEO Jack Dorsey wrote that he wants to the company to function “like a startup again.” “TIDAL has carefully considered how to right-size our team to ensure we are able to continue to build and invest in critical areas of the business,” a company spokesperson said in a statement last year.

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