Soundcloud will lay off eight percent of its staff in hopes of becoming profitable

Last August, SoundCloud cut its workforce by 20 percent , citing the challenging economic climate for the layoffs. That's been a common refrain among companies reducing staff in recent years — with companies like Google, Meta, Amazon and more framing layoffs as restructuring or cost cutting measures. Now, SoundCloud says it will be cutting staff by an additional 8 percent, telling staff that the reduction is a challenging but essential