Audio streaming provider Noice terminates staff amid restructuring efforts
An audio streaming service called Noice, with offices in Indonesia, has announced layoffs as part of a “strategic organizational restructuring,” the company told the media.
“This decision was incredibly difficult for us but it is a necessary step to ensure the future success and long-term sustainability of the company,” Noice CEO Rado Ardian said in a statement.
The company has 215 employees, according to its LinkedIn page. How many are impacted is unknown.
According to a concerned employee who asked to remain anonymous, they were informed last week. Another stated that they would be leaving on August 31.
For those affected by the move, the company said it is providing severance packages and career transition support.
Noice, a podcasting and audio storytelling platform that was established in 2018 and is supported by the radio station Mahaka Radio Integra, offers a hyperlocal approach to podcasting and audio storytelling by showcasing series in regional languages. It started offering live-streaming and video podcasts just last month.
A US $22 million series A round led by Northstar, with participation from Alpha JWC Ventures, Kinesys, and Gojek’s Go-Ventures, was the company’s most recent round of funding, completed in April 2022. Former Google employees Ardian and Niken Sasmaya are the chief business officer.