Bending Spoons Plans Massive 75% Layoffs at Newly Acquired WeTransfer
Bending Spoons confirms plans to cut 75% of WeTransfer's staff to create a smaller, more focused organization following its July acquisition.
Italy-based app company Bending Spoons prepares to lay off 75% of WeTransfer's staff following its July acquisition of the Dutch file transfer service. The company confirms the upcoming job cuts, which affect over 350 employees, and states that affected workers will receive notifications once Bending Spoons navigates local layoff regulations in various countries.
CEO Luca Ferrari explains that Bending Spoons studies every acquired organization to determine the best long-term vision for the business. In WeTransfer's specific case, the company decides that a smaller, more sharply focused team is the best approach to help the service thrive, even though executing this vision requires making difficult and unpopular decisions.
These sweeping layoffs follow a familiar pattern for Bending Spoons, as the company routinely slashes employee counts at acquired properties to ensure profitable operations. Previous acquisitions like Evernote, Filmic, and Meetup experience similar drastic workforce reductions, while WeTransfer currently rolls out minor feature updates without disclosing a broader long-term product roadmap.