Approximately half of Bandcamp employees have been laid off after Songtradr, the company that purchased Bandcamp from Epic Games, did not extend offers to 50% of the staff. This news comes shortly after Epic Games laid off 16% of its workforce due to overspending. Songtradr has confirmed that 50% of Bandcamp employees have been offered positions at their company, while the remaining employees who did not receive offers will be eligible for severance. It is unclear if Songtradr will recognize Bandcamp’s union, despite pressure from employees and the community.
https://www.theverge.com/2023/10/16/23919551/bandcamp-layoffs-epic-songtradr