Bending Spoons is set to lay off a staggering 75% of WeTransfer's staff after acquiring the file-sharing platform just weeks ago.
The company, which is believed to have around 350 employees, could lose around 260 members of staff in one of the largest round of redundancies proportionally this year.
News of the job cuts comes just over a month after the Italian tech company acquired WeTransfer, marking its fifth tech merger of 2024.
WeTransfer prepares for major layoffs
Bending Spoons has a proven track record of significantly reducing workforce following recent acquisitions, as well as making other consumer-facing changes to subscriptions. TechRadar Pro Although Bending Spoons was asked about the potential implications of the merger, including layoffs, the company declined to comment.
It has since come to light through a Reuters The company's CEO Luca Ferrari has reportedly confirmed redundancies worth 75%, saying: “I won't be more specific at this stage because the redundancy has not yet been fully defined.”
At the time of the acquisition, Ferrari stated: “We are excited to become [WeTransfer’s] new ownership and we feel a strong sense of responsibility to help the brand and business thrive for many years to come.”
In a statement to TechnologyCrunchFerrari added: “In this particular case, the vision we developed is for a smaller, more focused WeTransfer organization, which we believe will be better positioned to contribute to WeTransfer’s success with a long-term vision.”
This isn’t the first time Bending Spoons has implemented drastic changes for a company it has purchased. In July 2024, under its new Italian management, it was confirmed that “the majority” of Evernote’s US and Chile-based workers would be laid off, as the note-taking platform packed its bags and headed to Europe to be closer to the Bending Spoons team.
