Following a tumultuous week at Berlin-based music streaming service SoundCloud, which last week laid off 40 percent of its staff without warning, the company’s chief exec has responded by saying “SoundCloud is here to say.” In a blog post posted to the company’s website, CEO Alex Ljung tried to reassure users and musicians alike that the “music you love on SoundCloud isn’t going away, the music you shared or uploaded isn’t going away, because SoundCloud is not going away.”

TechCrunch reported earlier this week that, following the massive layoffs, SoundCloud still only had enough cash to last until the beginning of the fourth fiscal quarter of 2017, or around 80 days. Ljung definitively shut down that timeline, saying the company was not…

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