SoundCloud is firing 20 percent of its global workforce
SoundCloud’s CEO sent out a memo on Wednesday | Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images
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.
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