Friday, April 17, 2020
Roc Nation Slashes Pay and Furloughs Workers
The coronavirus COVID19 shutdown takes a huge toll on Jay Z's company Roc Nation....
According to reports there have been furloughs and pay cuts across the board at Roc Nation including employees at Tidal.
The pay cuts, made a month ago, were said to be in the 10 to 20% range and the furloughed workers were mostly from the marketing and events departments.
Jay Z's parent company Live Nation also furloughed employees and cut salaries after touring ground to halt because of the COVID19 coronavirus quarantine.