Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home Music

TIDAL Hit With More Layoffs as Part of Pivot to ‘Smaller’

rmtsa by rmtsa
October 31, 2024
in Music
0
TIDAL Hit With More Layoffs as Part of Pivot to ‘Smaller’
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

June 2025 New Music Releases

Ivana Kovačević, Wife of EXIT Festival Founder, Dies at 45

John Fogerty Didn’t Want CCR Guitar Back, Wife Bought It Anyway

TIDAL plans to lay off additional employees, its second round of cuts in less than a year.

“We have made some internal changes to our TIDAL team to focus on serving artists in the most meaningful way,” a TIDAL spokesperson told Billboard in a statement. “This involved the elimination of some roles across our business and design teams. 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.”

“We’re going to part ways with a number of folks on our team,” Dorsey continued. “We’re going to lead with engineering and design, and remove the product management and product marketing functions entirely. We’re reducing the size of our design team and foundational roles supporting TIDAL, and we will consider reducing engineering over the next few weeks as we have more clarity around leadership going forward.”

These layoffs follow a 10% staff cut that the company made in December, 2023. “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. “We do not take these decisions lightly, and we are sincerely grateful for the contributions of our impacted teammates.”

Similar cuts have been a common sight across the music and tech industries in the last 24 months, hitting Universal Music Group, Warner Music Group, Spotify, Downtown Music, BMG, SoundCloud, and more.

“What you do see, in general, is the music industry is maturing,” Downtown Music president Peter van Rijn told Billboard in January. “The digital growth is still there, but it’s slowing down.”



Source link

Tags: HitlayoffsPartpivotSmallerTidal
Share30Tweet19
rmtsa

rmtsa

Recommended For You

June 2025 New Music Releases

by rmtsa
June 1, 2025
0
June 2025 New Music Releases

It's almost midway through 2025, and June is showing lots of promise to be a big month for rap releases.Lil Wayne Preps His Long-Awaited Tha Carter VI AlbumFollowing the...

Read more

Ivana Kovačević, Wife of EXIT Festival Founder, Dies at 45

by rmtsa
June 1, 2025
0
Ivana Kovačević, Wife of EXIT Festival Founder, Dies at 45

Ivana Kovačević, the wife of EXIT Festival founder Dušan Kovačević, has tragically passed away at the age of 45.A mother of three, Ivana was hospitalized in critical condition earlier in...

Read more

John Fogerty Didn’t Want CCR Guitar Back, Wife Bought It Anyway

by rmtsa
June 1, 2025
0
John Fogerty Didn’t Want CCR Guitar Back, Wife Bought It Anyway

John Fogerty said he was once offered the chance to buy back the guitar he played during Creedence Clearwater Revival’s glory days, but refused because of the memories...

Read more

Insane Clown Posse Name Favorite Rock Bands, Best Nu-Metal Rapper

by rmtsa
May 31, 2025
0
Insane Clown Posse Name Favorite Rock Bands, Best Nu-Metal Rapper

In our interview with ICP — Insane Clown Posse — we ask Violent J and Shaggy 2 Dope about their favorite rock and metal bands. And we chat...

Read more

How to Watch the Best Diddy Documentaries Online, Streaming

by rmtsa
May 31, 2025
0
How to Watch the Best Diddy Documentaries Online, Streaming

All products and services featured are independently chosen by editors. However, Billboard may receive a commission on orders placed through its retail links, and the retailer may receive...

Read more
Next Post
Georgie and Mandy’s 1st Marriage Cast’s Controversial Age Gap Quotes

Georgie and Mandy's 1st Marriage Cast's Controversial Age Gap Quotes

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • June 2025 New Music Releases
  • Julie Bowen Expected Sydney Sweeney to Replace Her in Happy Gilmore 2
  • TV Shows Renewed in 2025-2026: Which Are Coming Back for More Seasons?

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In