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SoundCloud says for the time being not to disappear

SoundCloud says for the time being not to disappear

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Muziekstreamingdienst SoundCloud says that, in spite of numerous dismissals and the closing of two of its four offices will continue to exist.

In a statement going to SoundCloud CEO Alexander Ljung in on rumors that it goes bad with the company.

The service assures users that music that they shared, or uploaded have will not go away. “Not in 50 days, not in 80 days, and not in the near future,” said Ljung.

Recently it became known that SoundCloud 173 of a total of 420 employees relieve. This was also the offices in London and San Francisco closed.

Money problems

“Last week we had to make the difficult decisions to be a part of our staff, but we did that to make sure that SoundCloud is a strong, independent company remains”, writes Ljung.

In march, went the rumor that the muziekstreamingdienst in practice day-sat. Since the summer of 2015, SoundCloud have already tried to 100 million dollars, but that would still not successful.

SoundCloud has roughly 175 million users. Previously, the company was still a value of $ 700 million attributed.

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