👓 SoundCloud, Which Rose to Stardom on Indie Talent, Lays Off 173 | NYTimes

Read SoundCloud, Which Rose to Stardom on Indie Talent, Lays Off 173 by Ben Sisario (New York Times)

The layoffs cut the streaming music site’s work force by about 40 percent and could be a way to make it more attractive to a buyer.

Yet another reminder to own your own data and have your own website. Exporting and hosting all this data won’t be easy and if it goes under, it’s a huge hole in the internet.