Posted by : brij fbEducator Wednesday, 19 July 2017

SoundCloud is on life support, and it might not have long left. The Swedish-born and Berlin-based music sharing company just shed a huge swathe of its workforce, closing offices in San Francisco and London. These layoffs were especially tumultuous, as they involved new hires, some who had been with the company for just a week. According to TechCrunch, the company only has enough money to keep it afloat until Q4. What happens after then is anyone’s guess. I don’t know, but I genuinely hope it survives, because SoundCloud embodies the promise of the Internet, and has offered a platform for…

This story continues at The Next Web

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