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Pxtl@lemmy.ca to Technology@lemmy.worldEnglish · 2 years ago

About half of Bandcamp employees have been laid off

www.theverge.com

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About half of Bandcamp employees have been laid off

www.theverge.com

Pxtl@lemmy.ca to Technology@lemmy.worldEnglish · 2 years ago
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Songtradr extended offers to half of Bandcamp workers.
  • AnonTwo@kbin.social
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    2 years ago

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

    • Chaotic Entropy@feddit.uk
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      2 years ago

      Buying and “streamlining” is a pretty common practice, yeah. Epic Songtradr bought them for the tech and userbase, not for their employees.

      • Arthur@literature.cafe
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        2 years ago

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

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

        • Chaotic Entropy@feddit.uk
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          2 years ago

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

    • g8phcon2@teacup.social
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      2 years ago

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

    • PunnyName@lemmy.world
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      2 years ago

      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

      • sheogorath@lemmy.world
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        2 years ago

        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.

      • PipedLinkBot@feddit.rocksB
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        2 years ago

        Here is an alternative Piped link(s):

        https://piped.video/Dq09UQ40lUY?si=YwS4BAytLKu7a2lL

        Piped is a privacy-respecting open-source alternative frontend to YouTube.

        I’m open-source; check me out at GitHub.

    • VM_Abrantes@kbin.social
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      2 years ago

      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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