SoundCloud Bankruptcy Nears: 173 People Laid Off; 2 Offices Closed

The situation at SoundCloud is quickly deteriorating, with bankruptcy potentially next.  Company CEO Alex Ljung has just announced the layoff of 173 employees.  Offices in San Francisco and London will be shutting down immediately. Amidst a bevy of possible buyouts, SoundCloud’s financial system is heading towards implosion.  The company has just announced that 173 staffers […]

The post SoundCloud Bankruptcy Nears: 173 People Laid Off; 2 Offices Closed appeared first on Digital Music News.

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