From Fortune
Staffers have recently received “stern warnings” from management that they shouldn’t mention Jay-Z, whose legal name is Shawn Carter, on internal company forums like email or messaging system Slack, according to three employees who requested anonymity because they are not permitted to speak about corporate matters. No reason was given for the order, the employees said.
Carter is among Block’s nine board members.
In 2021, under CEO Jack Dorsey, Block acquired a majority stake in the music streaming platform Tidal from a company owned by Carter. Dorsey and Carter are said to be personal friends.
Last week, Block laid off dozens of workers from Tidal’s relatively small staff, Fortune reported at the time. Further cuts are expected at Tidal and other Block entities, which also include Square and CashApp, as Dorsey continues to reorganize the company.
Earlier this week, Block laid off some staffers at TBD, its developer platform, as Fortune earlier reported. The platform is now set to be shuttered entirely. There were also layoffs at Square this week, impacting at least 20 people, employees told Fortune.
The order to not mention Carter came last month, as some employees questioned among themselves Carter’s role on Block’s board given his purported long time friendship with P. Diddy, the rapper and entrepreneur whose legal name is Sean Combs. The two have collaborated on music and frequently been photographed together over the years attending things like parties and sporting events. Combs is currently in prison awaiting trial related to a federal indictment accusing him of years of six trafficking and related crimes. Multiple sixual assault allegations and numerous lawsuits against Combs have also been filed.
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