Nov 13, 2024, 5:45 AM
Nov 7, 2024, 12:00 AM

Block Employees Face Ban on Discussing Jay-Z Amid Internal Changes

Provocative
Highlights
  • Management issued warnings against mentioning Jay-Z on internal forums without providing reasons.
  • This warning coincided with significant layoffs at Block, particularly within the Tidal platform.
  • The directive reflects ongoing internal tensions as the company shifts its investment strategy.
Story

Recently, employees at Block received warnings from management to refrain from discussing Jay-Z on internal platforms. This directive was issued without explanation and followed internal conversations questioning Jay-Z's role on Block's board, as he was linked to P. Diddy, who faces serious legal issues. Block has been undergoing major layoffs, impacting Tidal and other branches under CEO Jack Dorsey's leadership. To facilitate a shift in focus towards Bitcoin initiatives, the company is scaling back investments in music streaming.

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