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About half of Bandcamp employees have been laid off(www.theverge.com)

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Pxtl@lemmy.ca
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AnonTwo@kbin.social
16 points

Wasn’t this pretty recent? Did they buy the company just to lay people off??

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Chaotic Entropy@feddit.uk
15 points
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Buying and “streamlining” is a pretty common practice, yeah. Epic Songtradr bought them for the tech and userbase, not for their employees.

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Arthur@literature.cafe
5 points

The layoffs are related to the sale of Bandcamp to Songtradr.

https://variety.com/2023/music/news/bandcamps-layoffs-songtradr-1235758123/

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Chaotic Entropy@feddit.uk
2 points

I’d forgotten who was selling to who, thanks.

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g8phcon2@teacup.social
13 points

That’s often how it works. Duplicate middle management particularly is usually less needed after a merger.

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PunnyName@lemmy.world
10 points
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If another company buys another company, they ALWAYS get rid of a large portion of the workforce.

Mergers fuck things up, they don’t make them better: https://youtu.be/Dq09UQ40lUY?si=YwS4BAytLKu7a2lL

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sheogorath@lemmy.world
3 points

One of the shit things about mergers is sometimes you get transferred to another division with a culture that doesn’t gel with you at all.

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PipedLinkBot@feddit.rocksB
2 points

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VM_Abrantes@kbin.social
10 points

I remember hearing that Harmonix was also acquired by Epic Games and there was a lot of speculation of a collaboration to reboot Rock Band using the Bandcamp library.
One of the lead developers at Harmonix was asked about this on Reddit and they only replied with an emphatic “No.”
Seeing this now brings the bigger picture into focus.

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