SoundCloud lays off 40 percent of staff as it commits to remaining independent<div class="feat-image">
</div><p>As its struggles continue, SoundCloud is cutting some 40 percent of its staff according to a new report from Bloomberg. The move comes as the company looks to become profitable amid growing competition from Apple Music and Spotify.</p>
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SoundCloud lays off 40 percent of staff as it commits to remaining independent