Skip to content

SoundCloud sinks as leaks say layoffs buy little time

Written by

freekrai

But as security ominously filed into SoundCloud’s meeting rooms at its offices around the world during the all-hands video conference broadcast from its Berlin headquarters, the startup’s staff discovered they wouldn’t be getting the answers they wanted. Instead, sources at SoundCloud tell TechCrunch that founders Alex Ljung and Eric Wahlforss confessed the layoffs only saved the company enough money to have runway “until Q4” — which begins in just 50 days.

Source: https://techcrunch.com/2017/07/12/soundshroud/

Previous article

Apple’s new PayPal support makes it easier to trick iTunes

Next article

The Internet Is Fucked (Again)