Layoffs: Bending Spoons To Cut Jobs For Majority Of WeTransfer's Staff, Says Report

The report noted that the firm will inform the affected employees after examining the local regulations in the different countries regarding job cuts

Bending Spoons, owner of Evernote and Meetup, is reportedly planning to let go of a majority of WeTransfer staff, media reports said. The Italy-based app firm is now thinking of lay off 75 per cent of the staff of the file transfer service company it acquired earlier this year in July.

According to a report by TechCrunch, the firm confirmed that it has plans to layoff the workforce of WeTransfer and it will inform the affected employees after examining the local regulations in the different countries regarding job cuts.

The report cited Dutch media and said that WeTransfer has a strength of more than 350 employees. 

Explaining the reasoning behind the decision Luca Ferrari, CEO, Bending Spoons, noted that generally, the firm acquiring the company studies its structure and accordingly determines the best vision for the business going forward to meet the target of operating it forever. “Once the vision is clear, we try to close the gap between the status quo and the vision as quickly and as fully as we can. Typically, doing so involves making major changes to many areas, including the organization. While we don’t enjoy making painful or unpopular decisions, we’re prepared to do so when we believe it’s the right thing to do to help the business thrive,” he added.

Further, the executive said that the company wanted to operate a smaller team in WeTransfer. “In this particular case, the vision we developed is of a smaller, more sharply focused WeTransfer organization, which we believe will be better-positioned to serve WeTransfer’s success with a long-term view,” he stated.

Notably, WeTransfer recently introduced a new feature that allows users to extend the expiry date of a link on the app. This was launched after the acquisition of the app by Bending Spoons.