By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DaiLy4mativeDaiLy4mative
  • Home
  • News
    • Business
    • Entertainment
    • Education
    • Sports
    • Health
  • TRAVEL
  • Books
  • Biography
Reading: Why SoundCloud wants to sack 20 percent of its global workforce
Share
Notification Show More
Latest News
What to do when EFCC invites you
December 10, 2022
How to remove palmpay security plugin on android phone
November 29, 2022
List of Celebrities Who Have Left Twitter After Elon Musk Took Over
November 14, 2022
The Most Popular Show On Cable To Watch Today
November 14, 2022
google chat app free download for android
Google chat app free download for android
November 9, 2022
DaiLy4mativeDaiLy4mative
Watch TV
  • Information
  • Education
  • Books
  • Business
  • COMPANIES
  • Education
  • Health
  • Lyrics
  • News
  • TRAVEL
  • More
    • BANKS
    • MP3 Download
    • News
    • Uncategorized
Have an existing account? Sign In
Follow US

Why SoundCloud wants to sack 20 percent of its global workforce

SHARE
- Advertisement -

Streaming company SoundCloud is about to sack 20 percent of its global workforce. The company has stated reasons why it wants to reduce the number of workers in the company.

The information about SoundClouds plan to cut about 20 percent of its global workforce was reported by the Billboard on August 3rd.

Why SoundCloud wants to sack 20 percent of its global workforce

SoundCloud CEO Michael Weissman in a company memo told the staff that the change is mostly due to the current economic climate.

According to the reason why SoundCloud wants to fire 20 percent of its workforce is as a result of todays change.

- Advertisement -

“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 those transitioning while reinforcing our commitment to executing our mission to lead what’s next in music.”

The above is just the main reason why SoundCloud wants to sack 20 percent of its global workforce.

You Might Also Like

French startup Alan Plans to build healthcare super app with €183 million funding that will cater for all questions for your health

6 easy steps to block your IP address from Google Analytics

Why Facebook, Instagram and Whatsapp is down

TWRP Recovery: twrp restore stock recovery, solution and best practices

How To Create A Courier Website With Tracking Number – free guide

TAGGED: SoundCloud
Eric August 9, 2022
Share this Article
Facebook Twitter Whatsapp Whatsapp Email Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Post

  • What to do when EFCC invites you
  • How to remove palmpay security plugin on android phone
  • List of Celebrities Who Have Left Twitter After Elon Musk Took Over
  • The Most Popular Show On Cable To Watch Today
  • Google chat app free download for android

© Daily4mative. All Rights Reserved.

Removed from reading list

Undo
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Register Lost your password?