Chance the Rapper tweeted: ‘‘I’m working on the SoundCloud thing.’’ Musicians like deadmau5, a Canadian electronic-music producer, tossed out suggestions on Twitter for how the company could save the service. Data hoarders began trying to download the bulk of the service’s public archive in order to preserve it. Though the company disputed the report, the possibility that SoundCloud might disappear sent a shock through the web. ![]() ‘‘I now realize that I was in shock.’’Īfter the layoffs, the technology blog TechCrunch published a report claiming that SoundCloud had enough money to finance itself for only 80 days. ‘‘The rest of the day is a blur,’’ he wrote in a post about his experience online. Instead, Healy learned that he and 172 other employees - roughly 40 percent of the company’s staff - were being laid off. Healy and his new co-workers assumed it was about the acquisition rumors swirling around the company. On Thursday, a companywide meeting was called. ![]() ![]() This summer, an engineer named Matthew Healy moved to Berlin to work at SoundCloud, a popular music-streaming service.
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