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.

  • taanegl@beehaw.org
    link
    fedilink
    arrow-up
    6
    ·
    1 year ago

    Mmmm I’m guessing access to publishing rights, as a games publisher. It’s easy to negotiate with yourself…

    …like musicians haven’t been fucked enough by the IP industry. Word to Max Romeo.

    We need to send UMG to outer space so that they can find another race… or maybe aim for the sun.