Soundcloud in trouble?

Yikes, sounds like multiple problems, with the base of them being vision at the top. Trying to add more Spotify-like features was just never going to work.

40% layoffs gets them runway to the 4th quarter. That’s…frightening.

Man that sucks. There are so many artists I have discovered just because of SoundCloud. Sadly they themselves never saw any of that money as I could not buy the music there. One of the few German internet companies with international recognition.

Are they really a “startup” if they have offices around the world?