622

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

submitted 1 year ago by Pxtl@lemmy.ca to c/technology@lemmy.world

67 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] AnonTwo@kbin.social 16 points 1 year ago

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

[-] ChaoticEntropy@feddit.uk 15 points 1 year ago* (last edited 1 year 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 5 points 1 year ago

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

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

[-] ChaoticEntropy@feddit.uk 2 points 1 year ago

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

[-] g8phcon2@teacup.social 12 points 1 year ago

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

[-] VM_Abrantes@kbin.social 10 points 1 year 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.

[-] PunnyName@lemmy.world 9 points 1 year ago* (last edited 1 year 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

[-] PipedLinkBot@feddit.rocks 3 points 1 year 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.

[-] sheogorath@lemmy.world 3 points 1 year 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.

this post was submitted on 16 Oct 2023

622 points (100.0% liked)

Technology

60009 readers

1726 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago

MODERATORS