TechCrunch: SoundCloud sinks as leaks say layoffs buy little time

TechCrunch: SoundCloud sinks as leaks say layoffs buy little time. “A tense scene unfolded yesterday as user-generated, music-streaming service SoundCloud held an all-hands meeting to explain to employees why it suddenly had to lay off 40 percent of its staff last week.” If SoundCloud unexpectedly closes it’s going to mess up a lot of podcasters.