About half of Bandcamp employees have been laid off

One of the worst tech labor years ever continues with the news that roughly half of Bandcamp employees have been laid off. Bandcamp employees are reporting the news via social media.

Late last month, Epic Games laid off 16 percent of its workforce, or 830 employees, due to what CEO Tim Sweeney described as overspending. Epic also revealed that it would sell the Bandcamp business to California-based music licensing company Songtradr. In that announcement, Epic disclosed that an additional 250…