TIDAL layoffs... makes you wonder...

Todd Anderson

Todd Anderson

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Looks like TIDAL is having some issues... really makes you wonder if there are too many streaming services out there, especially when you consider the dominance of Spotify who isn't even streaming Hi-Res.



Tidal Hit With 2nd Layoff In A Year, Focus Shifts To Startup Mentality

Tidal Faces Another Layoff: Explore the latest news on Jack Dorsey's music streaming service and its impact on the industry.
cecritic.com cecritic.com
 
Sonnie Parker

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How many people can work at a company like Tidal? It wouldn't seem like there would be that many to have two waves of layoffs.

What would they be doing if there were that many that they couldn't afford to pay?

Sounds like a great company for Harman.
 
Todd Anderson

Todd Anderson

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That's a really great question. Going off memory... they have somewhere between 200-400 employees. It would seem that they're probably sized on the lower end of that. Surprising that it's even at that level.

You obviously have a team of technology folks that handle app development and storage... then Q/A folks... customer service reps... and then a team of account managers that deal with record labels and artists. Am I missing something?
 
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