Bending Spoons is laying off 75% of its staff following its acquisition of file-sharing platform WeTransfer a few weeks ago.
The company, which currently has about 350 employees, expects to lose about 260 employees, which would be one of the largest layoffs this year.
News of the layoffs comes just over a month after the Italian tech company acquired WeTransfer, its fifth tech merger of 2024.
WeTransfer prepares for massive layoffs
Bending Spoons has a track record of making significant layoffs following recent acquisitions, while also making other consumer-facing changes to its subscription services. Technology Radar Pro When asked about the potential impact of the merger, including layoffs, Bending Spoons declined to comment.
Afterwards, it passes Reuters The report said that the company’s CEO Luca Ferrari has confirmed the 75% layoffs, commenting: “I will not reveal more specific information at this time, as the layoffs are not yet fully finalized.”
At the time of the acquisition, Ferrari said: “We are keen to become [WeTransfer’s] As new owner, we feel a strong responsibility to help the brand and business thrive for many years to come.”
In a statement TechCrunchFerrari added: “In this particular case, the vision we developed was for a smaller, more focused WeTransfer organisation, which we believe will be better positioned to serve WeTransfer’s success in the long term.”
This isn’t the first time Bending Spoons has made major changes to an acquired company. In July 2024, under its new Italian leadership, Evernote confirmed that “most” US and Chilean employees would be laid off as the note-taking platform packed up and headed to Europe to be closer to the Bending Spoons team.
