Bandcamp Undergoes Major Layoffs After Recent Acquisition

Bandcamp, the artist-centered indie music platform, has laid off half of its employees shortly after its acquisition by Songtradr, a company representative has confirmed.

"Over the past few years the operating costs of Bandcamp have significantly increased. It required some adjustments to ensure a sustainable and healthy company that can serve its community of artists and fans," a spokesperson of Songtradr confirmed.

Music Rock GIF

Music Rock GIF

Epic Games acquired the indie music platform in 2022 for an undisclosed sum, then sold it a year later. Last month, they laid off 16% of their workforce, citing overspending.

Epic revealed that another 250 individuals would exit the company, either by receiving offers from Songtradr or through Epic's divestiture from its SuperAwesome ad business.

Hiring You Are Hired GIF

Hiring You Are Hired GIF

Employees who did not receive offers from Songtradr were notified today and will be eligible for severance.

Some 60 Bandcamp staffers, out of 118, were offered employment to join Songtradr’s staff of 369 workers, a company spokesperson told

"We are committed to keeping the existing Bandcamp services that fans and artists love, including its artist-first revenue share, Bandcamp Fridays and Bandcamp Daily," said Songtradr.