Bandcamp, Oakland-based music industry darling, gutted by 50% layoff

Bandcamp built a unique music business: profitable and good for artists with a popular editorial arm. Now, half the employees at the Bay Area firm are losing their jobs, victims of a sudden corporate swap.

The Oakland-based company was purchased by Epic Games — maker of Fortnite and Gears of War — in early 2022. In September, just a year and a half later, Epic announced its plan to sell Bandcamp to Songtradr, a Santa Monica company that specializes in music licenses. Just 50% of Bandcamp’s employees got offers in the acquisition, Songtradr spokesperson Lindsay Nahmiache​ told SFGATE on Monday.

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