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About half of Bandcamp employees have been laid off
(www.theverge.com)
This is a most excellent place for technology news and articles.
because of the eternal growth principle of capitalism. Objectively there is a point that a company cannot grow anymore. For example there cannot be infinite bands that will constantly enter bandcamp to increase their numbers. At that point the company holders find different paths, like temporarily increasing numbers by reducing the number of employees. In periods of recession and uncertainty this has a domino effect.