Block CEO Jack Dorsey Announces Another Round Of Layoffs At Tidal
Block CEO Jack Dorsey Announces Another Round Of Layoffs At Tidal
Tidal did not immediately respond to Benzinga's request for comment.Jack Dorsey, the CEO of Block Inc. (NYSE:SQ), has announced a fresh wave of layoffs at the music streaming service Tidal, which Block owns.
Block公司（NYSE:SQ）的CEO傑克·多爾西宣佈，擁有的音樂流媒體概念Tidal將進行一波新一輪的裁員。
What Happened: Dorsey informed Tidal employees on Wednesday that the company will undergo another significant round of layoffs, reported Fortune. The CEO stated that Tidal needs to function "like a startup again," necessitating a much smaller team across the organization.
事件經過：多爾西周三通知Tidal員工，公司將進行另一輪重大裁員，據《財富》報道。CEO表示Tidal需要「再次像一家創業公司一樣」運作，這就需要組織中的團隊規模大大縮小。
"So we're going to part ways with a number of folks on our team," Dorsey wrote in the note. "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."
「因此，我們將和團隊中的一些人分道揚鑣，」多爾西在備忘錄中寫道。「我們將以工程和設計爲主導，徹底取消產品管理和產品營銷職能。我們正在縮減我們的設計團隊規模以及支持TIDAL的基礎職能，並在未來幾周內考慮減少工程人員，因爲我們對未來領導層的走向更加明確。」
Tidal did not immediately respond to Benzinga's request for comment.
Tidal暫未對彭博社的置評請求作出立即回應。
Why It Matters: Block acquired a majority stake in Tidal for approximately $300 million in 2021. The music streaming service, founded by Jay-Z, has struggled to compete with platforms like Spotify and Apple Music.
事件意義：Block在2021年以約30000萬美元收購了Tidal的大部分股份。由Jay-Z創立的這家音樂流媒體概念一直難以與Spotify和蘋果音樂等平台競爭。
Earlier in October, Cathie Wood's Ark Invest sold off a significant amount of shares in Block, despite the company's recent positive second-quarter results. This move by Wood, a prominent investor, raised concerns about the future of Block.
10月初，凱西·伍德的ark出售了Block大量股份，儘管公司最近公佈了正面的第二季度業績。這一舉動引發了這位著名投資者的擔憂，對Block的未來產生了問題。
However, Block has been making strategic moves in the cryptocurrency space. In August, Dorsey expressed optimism about the potential of the Bitcoin (CRYPTO: BTC) mining chip market, terming it a "massive opportunity" for the company.
然而，Block在數字貨幣領域正在制定戰略舉措。多爾西在8月表示對比特幣（CRYPTO: BTC）挖礦芯片市場的潛力持樂觀態度，稱這對公司來說是一個「巨大的機會」。
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Image Via Shutterstock
圖片來自Shutterstock。
This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
本報道使用Benzinga Neuro生成，並由Kaustubh Bagalkote
譯文內容由第三人軟體翻譯。
