Bandcamp lays off half its workforce

Bandcamp laid off about half its employees yesterday, according to reports from those affected posted on social media, following the company's sale to music licensing platform Songtradr.

In an email to The Verge, Songtradr confirmed that 50 percent of Bandcamp employees have been extended offers to join Songtradr and reaffirmed from a previous statement the company's commitment to keeping the Bandcamp experience the same. — Read the rest