Epic Games Under Fire for Bandcamp Layoffs

Epic Games Under Fire for Bandcamp Layoffs

Drama

17 October 2023 17:08

Recently Epic Games finalized the sale of Bandcamp to Songtradr. Following the announcement Songtradr released a statement and revealed that 50% of the employees will be fired by Epic Games. The company stated "Songtradr wrote in a statement. “It required some adjustments to ensure a sustainable and healthy company that can serve its community of artists and fans. After a comprehensive evaluation, including the importance of roles for smooth business operations and pre existing functions at Songtradr, 50% of Bandcamp employees have accepted offers to join Songtradr.”

<a href=https://twitter.com/deerhoof/status/1713978947468505133></a>

120 employees will be laid off with six months of severance package. Epic Games acquired Bandcamp in 2022 for $273m. Bandcamp United union aims to negotiate with Songtradr. Epic Games recently revealed a new initiative called 'Now on Epic'.

Tags: Epic Games

Share:

Sources:

Report mistake   

Submit news   

Related news

View All

Ninja Not Happy with Epic Games

Popular streamer Ninja has criticized Epic Games for what he perceives as unfair treatment compared to other content creators...

Drama

Feb 18, 2025

Epic Games Partners with Telefónica

Epic Games has partnered with Telefónica to pre-install the Epic Games Store and Fortnite on compatible Android devices within...

Business

Dec 12, 2024

FTC Starts Issuing Refunds to Fortnite Players

The Federal Trade Commission (FTC) has started sending out refund checks to U.S. consumers who were tricked into making unwanted...

Drama

Dec 11, 2024

Epic Games Launches Fab

Fab, the new unified marketplace from Epic Games, launches today, merging the Unreal Engine Marketplace, Sketchfab Store, and Quixel....

Business

Oct 25, 2024

Epic Games CEO Reveals The State of The Company

During his presentation at Unreal Fest 2024, Epic Games CEO Tim Sweeney announced that the company is now "financially...

Business

Oct 02, 2024

Epic Games Under Fire for Bandcamp Layoffs

Drama

17 October 2023 17:08

Tags: Epic Games

Recently Epic Games finalized the sale of Bandcamp to Songtradr. Following the announcement Songtradr released a statement and revealed that 50% of the employees will be fired by Epic Games. The company stated "Songtradr wrote in a statement. “It required some adjustments to ensure a sustainable and healthy company that can serve its community of artists and fans. After a comprehensive evaluation, including the importance of roles for smooth business operations and pre existing functions at Songtradr, 50% of Bandcamp employees have accepted offers to join Songtradr.”

<a href=https://twitter.com/deerhoof/status/1713978947468505133></a>

120 employees will be laid off with six months of severance package. Epic Games acquired Bandcamp in 2022 for $273m. Bandcamp United union aims to negotiate with Songtradr. Epic Games recently revealed a new initiative called 'Now on Epic'.

Share:

Sources:

Report mistake   

Submit news   

Related news

View All

Ninja Not Happy with Epic Games

Popular streamer Ninja has criticized Epic Games for what he perceives as unfair treatment compared to other content creators...

Drama

Feb 18, 2025

Epic Games Partners with Telefónica

Epic Games has partnered with Telefónica to pre-install the Epic Games Store and Fortnite on compatible Android devices within...

Business

Dec 12, 2024

FTC Starts Issuing Refunds to Fortnite Players

The Federal Trade Commission (FTC) has started sending out refund checks to U.S. consumers who were tricked into making unwanted...

Drama

Dec 11, 2024

Epic Games Launches Fab

Fab, the new unified marketplace from Epic Games, launches today, merging the Unreal Engine Marketplace, Sketchfab Store, and Quixel....

Business

Oct 25, 2024

Epic Games CEO Reveals The State of The Company

During his presentation at Unreal Fest 2024, Epic Games CEO Tim Sweeney announced that the company is now "financially...

Business

Oct 02, 2024