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Whether SoundCloud will accomplish it to the end of summer, let abandoned the end of the year, has become article of an accessible catechism in contempo days.

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Last week, Alexander Ljung, one of the music service’s co-founders, appear that the aggregation was absolution go of 173 of its employees, or 40 percent of its workforce. What’s worse, sources told TechCrunch that the layoffs alone fabricated abiding the aggregation could accomplish it to the fourth division of the banking year “fully funded,” arch to questions about how continued the disturbing account could last.

The account acquired anxiety amid the service’s committed user base, amid them Chance The Rapper, who told his 4.75 actor followers on Thursday that he was “working” on analytic the abundantly circuitous banking problem.

What a aberration a day can make. On Friday, Chance, an absolute artist-turned-megastar, said he batten with Ljung and that SoundCloud is “here to stay.”

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About an hour later, SoundCloud echoed Chance’s bulletin over Twitter.

Ljung additionally blogged about the accepted accompaniment of things on the SoundCloud blog:

Hey everyone,

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There’s an batty bulk of babble about SoundCloud in the apple appropriate now. And it’s aloof that, noise. The music you adulation on SoundCloud isn’t activity away, the music you aggregate or uploaded isn’t activity away, because SoundCloud is not activity away. Not in 50 days, not in 80 canicule or anytime in the accountable future. Your music is safe.

Along with anniversary of you, we’ve congenital this absurd artistic association of artists, podcasters, DJs, producers and added who are the active force in blame ability advanced in the world. That’s not activity to change. Aftermost anniversary we had to accomplish some boxy decisions to let go of some of our staff, but we did this to ensure SoundCloud charcoal a strong, absolute company.

Thank you for the access of adulation and support. Some of you accept asked how you can help–spread the chat that we’re not activity anywhere and accumulate accomplishing what you’re doing–creating, listening, uploading, sharing, liking, and advertent what’s new, now and abutting in music. SoundCloud is actuality to stay.

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Peace,

Alex

Now, did Chance absolutely aloof dive in and save the day? While we’d like to accept so ― who doesn’t appetite to accept in Chance? ― it’s additionally aloof as (if not more) acceptable that Ljung told Chance what he capital to hear. Afterwards all, Ljung isn’t activity to acquaint anyone appropriate now, abundant beneath addition with millions of Twitter followers, that his aggregation is doomed.

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But if you appetite to believe, again believe. It’s Friday afterwards all.

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