Daily Stormer The Most Censored Publication in History
Lee Rogers
Daily Stormer
July 15, 2017
SoundCloud hates free political speech and is now paying the ultimate price!
SoundCloud the audio sharing site that just banned Neo-Nazi Richard Spencer’s podcast from their platform, is having some serious financial problems.
They had to fire 173 employees and are reported to be short on funds.
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.
Exiting team members wanted to know why they weren’t warned, while those who survived the cuts wanted assurance that the cost reductions would keep the company afloat for the long-run.
But as security ominously filed into SoundCloud’s meeting rooms at its offices around the world during the all-hands video conference broadcast from its Berlin headquarters, the startup’s staff discovered they wouldn’t be getting the answers they wanted. Instead, sources at SoundCloud tell TechCrunch that founders Alex Ljung and Eric Wahlforss confessed the layoffs only saved the company enough money to have runway “until Q4” — which begins in just 80 days. [Correction: 80 days, not 50 days]
That seems to conflict with the statement Ljung released alongside the layoffs, which noted that, “With more focus and a need to think about the long term, comes tough decisions.” The company never mentioned how short its cash would still last.
We reached out to Ljung and SoundCloud for this story and PR responded to the request reiterating Ljung blog post. After being presented with the leaked information from the all-hands, SoundCloud PR admitted that, “We are fully funded into Q4,” though it says it’s in talks with potential investors.
But further funding would require faith in SoundCloud that its own staff lacks. When asked about morale of the remaining team, one employee who asked to remain anonymous told TechCrunch “it’s pretty shitty. Pretty somber. I know people who didn’t get the axe are actually quitting. The people saved from this are jumping ship. The morale is really low.”
Another employee from a different office described the all-hands as “a shitshow” and said “I don’t believe that people will stay. The good people at SoundCloud will leave. Eric [Wahlforss] said something about the SoundCloud ‘family,’ and there were laughs. You just fired 173 people of the family, how the fuck are you going to talk about family?”
It doesn’t sound like morale is that good either!
If these reports are correct, it sounds like SoundCloud is going to have a difficult time maintaining its operations.
Social media sites like SoundCloud are not doing themselves any favors by banning people because they disapprove of their political views. If SoundCloud embraced the Alt-Right, they could have generated positive media coverage for their business. Instead, they have alienated the Alt-Right and created a public relations disaster.
There’s a very real possibility that SoundCloud will be memed into bankruptcy.
Serves them right!
