Soundcloud dismisses with a vengeance
” […] I announced that we have decided to reduce our global team, which will affect up to 20% of our business. Making changes that affect people is incredibly difficult. But it’s necessary to ensure SoundCloud’s long-term success given the difficult economic climate and headwinds in financial markets.”wrote Michael Weissman, the boss of the company, in a publication on LinkedIn.
According to an article by TechCrunch, an email has already been sent to employees of the platform, indicating that they will be notified in the coming days if they are affected by this reduction in staff. A SoundCloud representative further added that this decision was made due to a significant transformation of the company, in addition to the difficult economic and financial environment.
“For those affected by this decision, I want to personally thank you for your passion and contributions to SoundCloud and the artist communities we serve. You have all had an incredible impact on the music industry and on the lives of artists”we also read in the publication of Weissman.
SoundCloud’s last staff reduction dates back to 2017, when the company laid off 40% of its employees, the site recalls. TechCrunch.
The Soundcloud case is not the only one
As mentioned above, the macroeconomic context affects almost everyone in new technologies, even giants like Google. He has not announced any staff reductions, but he will recruit less than expected.
And moreover, the CEO Sundar Pichai, would be concerned about the productivity of the firm of Mountain View. According to an article recently published by CNBC, it was during a meeting with employees.
“It is clear that we are facing a difficult macroeconomic environment with more uncertainty ahead”would have declared the boss of Google, before adding: “There are real concerns that our productivity as a whole is not where it should be for the number of employees we have. »
He is also seeking the help of employees to create a culture that is more focused on the mission, the products and the customers. “We should think about how we can minimize distractions and really raise the bar for product excellence and productivity”would also have explained Sundar Pichai to Google employees.
It would seem that the idea is to optimize resources in times of crisis. And Google is not alone in adopting such measures. Both affected by the changes that have reduced the possibility of advertising targeting on iOS and by inflation, Meta, the parent company of Facebook, is also going through difficult times.
He decided to put an end to his recruitment frenzy, and to prioritize resources on the most important projects.