People expected them to get fucked after the acquisition, though the new owners are just going “you keep doing what you’re doing, not gonna change a thing, just give us a cut of your profits”
The massive layoff that gutted Oakland-based music service Bandcamp hit one group at the company particularly hard: leaders of its nascent union.
As of Monday, Bandcamp has been sold by video game juggernaut Epic Games to Songtradr, a music licensing firm. The acquisition closed with just half of Bandcamp’s employees offered jobs at the Santa Monica-based company.
The job cuts, which SFGATE reported Monday amounted to about 60 of 118 employees, disproportionately hit union leaders, Bandcamp United told SFGATE in a Tuesday press release. Every member of the union’s eight-person bargaining team was laid off, it said, and in sum, 40 of the bargaining unit’s 67 people lost their jobs.
People expected them to get fucked after the acquisition, though the new owners are just going “you keep doing what you’re doing, not gonna change a thing, just give us a cut of your profits”
Touch wood, it’s gonna stay that way.
They fucked the union, though.
Shit, that I didn’t know about 😭
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