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Internal memo: Block CEO Jack Dorsey says Tidal is in for another mass layoff; insiders say as many as 100 people could be laid off, or ~25% of Tidal's staff

Block CEO and founder Jack Dorsey wants streaming music app Tidal to operate like a startup again - and that means layoffs

Fortune Kali Hays

Context & Ripple Effects

The proposed Tidal cuts follow [[a:871685|Dorsey’s July 2024 plan to reorganize Block around functions rather than business-unit silos]], a move that signaled a broader push to simplify how the company operates. Tidal is now being asked to adopt the same leaner operating posture.

The report also fits a continuing cost-reset arc at Block: the company later disclosed a larger workforce reduction and management-layer changes, suggesting that Tidal’s restructuring was not an isolated personnel decision.

First-order effects

  • As many as 100 Tidal employees—about a quarter of the service’s staff—could lose their jobs, while remaining teams are expected to operate with a smaller startup-style footprint.
  • Dorsey and Block would gain tighter control over Tidal’s cost base and organization, but the unit would have less staffing capacity immediately after the cuts.

Second-order effects

  • A leaner Tidal organization may force the service to prioritize a narrower set of product, editorial, and operational work, rather than maintaining the same breadth with fewer people.
  • The move reinforces the functional-reorganization model across Block, making shared teams and centralized decisions more likely for smaller businesses in its portfolio.

Third-order effects

  • If repeated across Block, this points to a portfolio strategy in which standalone units are judged less on organizational independence and more on whether they can operate within a centralized, lower-cost structure.
  • For streaming services, persistent pressure to run lean could favor platforms with scale or parent-company resources, while limiting the room for differentiated but labor-intensive operations.

The trend: Tidal’s planned reduction is one data point in Block’s broader shift from separately staffed business units toward centralized, leaner operating models.

Discussion

  • @kalihays1 Kali Hays on threads
    More layoffs at Jack Dorsey's Tidal.  Sigh.  Because it needs to operate “like a startup again.”  —  Dorsey didn't specify the number of ppl getting cut, but I'm told it's at least 100 (so about a quarter of Tidal's staff) and more expected as engineering cuts to take place in a …
  • r/technology r on reddit
    Jack Dorsey hits Tidal with another mass layoff: “We need to build like a startup again”
  • r/TIdaL r on reddit
    Breaking: Tidal to shut core parts of the business (engineering, design, product) and layoff more staff