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Jack Dorsey hits Tidal with another mass layoff: "We need to build like a startup again"
The streaming music service, founded by Jay-Z, has been owned by Dorsey's Block for several years.
Jack Dorsey told staff at music streaming app Tidal that they’re in for another mass layoff. In 2023 a judge dismissed a shareholder lawsuit against Block over the acquisition according to Reuters, but noted that “it seemed, by all accounts, a terrible business decision.” Recommended newsletter Data Sheet: Stay on top of the business of tech with thoughtful analysis on the industry's biggest names.
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