Thanks for the news, from what they are saying, soundcloud isn't going anywhere despite the massive layoffs. Regardless things honestly don't look good at the company and it really does look like they are trying to buy time while preventing the valuation of the company from sinking too deeply.
RE: What Next for Soundcloud?
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What Next for Soundcloud?
If it helps it to run for longer then it's a good decision but you're right, it does feel like they're circling the drain.
It would be such a shame to lose it. Perhaps it will be a buyout? The other media based social networks are part of larger corporations where the success of an individual platform is not necessarily important.
Food for thought.
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