An Interest In:
Web News this Week
- May 1, 2024
- April 30, 2024
- April 29, 2024
- April 28, 2024
- April 27, 2024
- April 26, 2024
- April 25, 2024
August 4, 2022 08:54 pm
Original Link: https://www.theverge.com/2022/8/4/23292362/soundcloud-firing-20-percent-workforce-layoffs
SoundCloud is firing 20 percent of its global workforce
Streaming company SoundCloud is cutting about 20 percent of its global workforce. Billboard reported on August 3rd that SoundCloud CEO Michael Weissman told the staff in a company memo that the change is mostly due to the current economic climate. Employees affected would be notified over the next several days.
“Today’s change positions SoundCloud for the long run and puts us on a path to sustained profitability,” Weissman wrote in the memo. “We have already begun to make prudent financial decisions across the company and that now extends to a reduction to our team.” In a statement to Billboard, a SoundCloud representative confirmed the news, and said: “During this difficult time, we are focused on providing the support and resources to...
Original Link: https://www.theverge.com/2022/8/4/23292362/soundcloud-firing-20-percent-workforce-layoffs
Share this article:
Tweet
View Full Article
The Verge
The Verge is an ambitious multimedia effort founded in 2011More About this Source Visit The Verge