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Written by Clement Oluwasegun

With SoundCloud not linking up with Spotify, questions have been raised over why SoundCloud ignored a saving grace for the financially unstable company.

Now, the German firm’s CEO, Alex Ljung has typed up an open letter to users of the largely-sourced audio platform that it will not be “going away”, more than a week after it cut 173 jobs from its total payroll of 420.

According to Alex Ljung:

“There’s an insane amount of noise about SoundCloud in the world right now. And it’s just that, noise.”

Addressing reports that the layoffs gave SoundCloud room for 80 more days of operation, the executive said users’ files will not be deleted anytime soon.

“Users’ audio files would be deleted, Not in 50 days, not in 80 days or anytime in the foreseeable future,” he noted.

Last week, Chance the Rapper placed his confidence in the company by releasing a collaborative track with Young Thug called “Big B’s” exclusively on SoundCloud.

He has also recently been involved in talks with Ljung, though it’s not clear what that involvement is.

“This new @chancetherapper feat. @youngthug goes so hard #BigBs https://soundcloud.com/chancetherapper/big-bs” – @SoundCloud”

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