One of the worst tech labor years ever continues with the news that roughly half of Bandcamp employees have been laid off. Bandcamp employees are reporting the news via social media.

about half the company was laid off today. some of the most incredible people i’ve ever worked with, including two of my amazing editorial colleagues @diamonde and @atoosamoinzadeh and most of the incredible support staff among many others. this is a loss, no two ways about it

— jj skolnik (@modernistwitch) October 16, 2023

Epic Games bought the indie music platform back in 2022 for an undisclosed amount before selling it barely a year later.

Late last month, Epic Games laid off 16 percent of its workforce, or 830 employees, due to what CEO Tim Sweeney described as overspending. Epic also revealed that it would sell the Bandcamp business to California-based music licensing company Songtradr. In that announcement, Epic disclosed that an additional 250 people would be leaving Epic either through receiving offers from Songtradr or Epic’s divesture from its SuperAwesome ad business. Employees who did not receive offers from Songtradr were notified today and will be eligible for severance.

In an email to The Verge, Songtradr confirmed that 50 percent of Bandcamp employees have been extended offers to join Songtradr and reaffirmed from a previous statement the company’s commitment to keeping the Bandcamp experience the same.

Songtradr’s statement also confirmed that its purchase of Bandcamp had been completed, but it did not confirm if it would voluntarily recognize Bandcamp’s union that employees won earlier this year, despite pressure from employees and the Bandcamp community.

  •  termus   ( @termus@beehaw.org ) 
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    1 year ago

    Super bummed to hear this. My local music collection stagnated once I had Spotify for so many years. When they brought on Rogan I saved my playlists and canceled my sub. Not gonna support that shit. BandCamp has been my go to purchase albums from the smaller bands I listen to. It’s been great downloading FLAC versions and streaming through PlexAmp. As a music distributer I like the options they give bands and users. Sad that Epic fucked them over.