Not familiar with #Tidal, so I looked them up and quickly learned that:

Tidal is majority-owned by Block (formerly Square), which is owned by Jack Dorsey (formerly Twitter) and Jim McKelvey.

A couple of billionaires that just cut more than 10% of their staff too.

https://fortune.com/2023/12/06/jack-dorsey-tidal-music-layoffs-spotify/

Jack Dorsey’s Tidal music to cut 10% of jobs in just the latest round of layoffs in the streaming music industry

The firings follow similar cuts at streaming leader Spotify, which said this week it’s reducing staff by 17%.

^{Ashley Carman (Fortune)}