If you have a new account but are having problems posting or verifying your account, please email us on for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact

Soundcloud going under

  • 07-07-2017 12:30pm
    Registered Users Posts: 16,413 ✭✭✭✭

    Just a heads-up for anyone with files on Soundcloud, might want to back it all up asap.
    The German-born streaming company has informed its staff today that 173 jobs are being cut, from a total headcount of 420.

    The business will consolidate its operation across its New York and Berlin offices.

    The last available annual accounts for SoundCloud are for 2015, when revenues were up 21.6% to €21.1m ($22m), but net losses accelerated 30.9% to €51.22m ($52m).

    When these figures were filed in January, SoundCloud CEO and co-founder Alexander Ljung noted that the company may “run out of cash” before the end of 2017 if it could not secure further financing.