After buying Bandcamp 18 months ago, Epic Games has sold it to Songtradr, a music marketing company, for an undisclosed sum. The sale follows the news of Epic Games laying off 830 employees which was announced by the company’s CEO Tim Sweeny in a letter that reads in part, ”As we shared earlier, we are laying off around 16% of Epic employees. We’re divesting Bandcamp and spinning off most of SuperAwesome. For a while now, we’ve been spending way more money than we earn, investing in the next evolution of Epic and growing Fortnite as a metaverse-inspired ecosystem for creators. I had long been optimistic that we could power through this transition without layoffs, but in retrospect I see that this was unrealistic. […]Epic folks around the world have been making ongoing efforts to reduce cos...