Why SoundCloud Shutting Down Would Be Disastrous For Indie Music MUSIC Posted: July 14, 2017 6:33 am“The streaming giant - which laid off 40 percent of its staff [last] Thursday - has long struggled to stay both stable and independent. But its unique contributions to music consumption can’t be overstated.” Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email a link to a friend (Opens in new window)