40% OF SOUNDCLOUD STAFF GONE AS FINANCIAL REALITY HITS
The streaming company, based in Germany, has informed its staff that 173 jobs are being cut, out of a total 420 employees. The business will consolidate its operation within its offices in New York and Berlin.
Rumors have suggested that Deezer could acquire SoundCloud in the coming months.
As has been talked about in numerous podcast Facebook group pages, as well as podcasts such as The Spreaker Live Show, The New Media Show, The Feed, and Ask The Podcast Coach among just a few, the music streaming industry is a money losing sector. Getting your podcast off of hosting on any music streaming service will save you headaches sooner now than later. 7/2017
Plus, you may be interested in the owner’s latest blog entry. It’s a bit strong in the music talk, but does mention podcasters…for now.