SoundCloud lays off 8% of staff as it aims to reach profitability this year

TechCrunch
By Ivan MehtaMay 24, 2023, 7:14 am193 pts
Music streaming platform SoundCloud has laid off 8% of its staff according to multiple reports. The fresh round of job cuts comes after the company laid off 20% of its employees last August. In a memo sent to staff — seen by Variety — CEO Eliah Seton said that SoundCloud is reducing headcount to get to a…

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