Jack Dorsey’s Ax Hits Tidal Music Service With Over 10% of Staff Let Go

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Tidal, the music streaming service once owned by recording artist Jay-Z, laid off more than 10% of staff as part of a wider round of austerity moves announced last month by its parent company, tech billionaire Jack Dorsey’s Block Inc.

Approximately 40 staffers across various Tidal departments were let go on Tuesday, including a portion of the curation team that builds playlists, according to people familiar with the cuts who asked not to be identified.