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ShunkW@lemmy.world 6 months agoBandcamp has been great but I fear the enshittification coming. Half the staff was fired by Epic Games last year and then it was sold to a music conglomerate.
Comment on [deleted]
ShunkW@lemmy.world 6 months agoBandcamp has been great but I fear the enshittification coming. Half the staff was fired by Epic Games last year and then it was sold to a music conglomerate.
GluWu@lemm.ee 6 months ago
[Bandcamp co-founder Ethan] Diamond was not aware of Epic’s plan to sell Bandcamp to Songtradr until as soon as the night before the deal was announced.
During the weeks that followed, Bandcamp’s union, which represented about half of the company at the time, called on Songtradr to voluntarily recognize the union while it also negotiated with Epic over how the layoffs to union members would be handled. For example, the game publisher said that no employee who received an offer from Songtradr would remain eligible for Epic’s severance package.
The two companies agreed to an “asset sale” of Bandcamp rather than a “stock sale.” This meant that Songtradr was only acquiring the technology and platform, rather than the company as a whole, including its staff.
“Of those laid off, 40 were in the union bargaining unit out of a total 67 members,” it wrote. “None of the eight (8) democratically elected bargaining team members received a job offer…"