That's often how it works. Duplicate middle management particularly is usually less needed after a merger.
Comment on About half of Bandcamp employees have been laid off
AnonTwo@kbin.social 11 months ago
Wasn't this pretty recent? Did they buy the company just to lay people off??
g8phcon2@teacup.social 11 months ago
PunnyName@lemmy.world 11 months ago
If another company hits another company, they ALWAYS get rid of a large portion of the workforce.
Mergers fuck things up, they don’t make them better: youtu.be/Dq09UQ40lUY?si=YwS4BAytLKu7a2lL
sheogorath@lemmy.world 11 months 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.
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VM_Abrantes@kbin.social 11 months 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.
ChaoticEntropy@feddit.uk 11 months ago
Buying and “streamlining” is a pretty common practice, yeah. Epic bought them for the tech and userbase, not for their employees.
Arthur@literature.cafe 11 months ago
The layoffs are related to the sale of Bandcamp to Songtradr.
variety.com/…/bandcamps-layoffs-songtradr-1235758…
ChaoticEntropy@feddit.uk 11 months ago
I’d forgotten who was selling to who, thanks.