The automated music licensing marketplace Songtradr has confirmed that it has laid off half of Bandcamp’s staff, two weeks after sealing the acquisition from Epic Games.
In a statement sent to Rolling Stone, Songtradr cited significantly increased operating costs as the reason behind the “adjustments.”
Since news of the acquisition was publicised, the business-to-business music platform has claimed that it is committed to ensuring Bandcamp is a “sustainable and healthy company”…
