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Bending Spoons Plans to Lay Off 75% of WeTransfer Staff After Acquisition

# Bending Spoons to Lay Off 75% of WeTransfer Staff: What You Need to Know

## Introduction

Italy-based app company Bending Spoons recently acquired file transfer service WeTransfer and has announced plans to lay off 75% of its staff. This move has raised concerns and questions about the future of WeTransfer and the reasons behind this decision. In this article, we will delve into the details of this acquisition and the subsequent layoffs, providing insights into Bending Spoons’ strategy and the potential impact on WeTransfer’s operations.

## Bending Spoons’ Acquisition of WeTransfer

Bending Spoons acquired WeTransfer in July, a Dutch company known for its popular file transfer service. While the acquisition amount remains undisclosed, it is evident that Bending Spoons has wasted no time in making significant changes to the organization. The company has a track record of acquiring companies and implementing major changes to improve their profitability.

## Bending Spoons’ Strategy for WeTransfer

According to Bending Spoons CEO Luca Ferrari, the company’s approach is to thoroughly study the organization it acquires and determine the best vision for its future. This involves making swift and comprehensive changes to various aspects, including the organizational structure. In WeTransfer’s case, Bending Spoons envisions a smaller, more focused team that can better serve the company’s long-term success.

Ferrari emphasized that while difficult decisions like layoffs are not enjoyable, they are made when deemed necessary for the business to thrive. This suggests that Bending Spoons has carefully evaluated WeTransfer’s operations and believes that downsizing the team will ultimately benefit the company.

## WeTransfer’s Future Product Roadmap

Since the acquisition, WeTransfer has introduced a new feature that allows users to extend the expiry date of a link on the app. However, Bending Spoons and WeTransfer have not disclosed their long-term product roadmap. This lack of clarity raises questions about the future direction of WeTransfer and what users can expect in terms of new features and improvements.

## Bending Spoons’ Track Record of Layoffs

The layoffs at WeTransfer come as no surprise, considering Bending Spoons’ history of reducing employee counts in the companies it acquires. In the past, the company has implemented significant workforce reductions after acquiring Evernote and Filmic, among others. This strategy aims to streamline operations and make the acquired companies more profitable in the long run.

## Conclusion

Bending Spoons’ decision to lay off 75% of the WeTransfer staff has sparked interest and concern among users and industry observers. While the specifics of the acquisition and the subsequent changes remain undisclosed, it is clear that Bending Spoons has a strategic vision for WeTransfer’s future. The company aims to create a smaller, more focused team that can better serve the long-term success of the file transfer service.

As users, we can anticipate further changes and improvements to WeTransfer, although the exact details of the long-term product roadmap are still unknown. It is essential for Bending Spoons to communicate these plans transparently to ensure continued user trust and satisfaction.

Overall, Bending Spoons’ acquisition of WeTransfer and the subsequent layoffs demonstrate the company’s commitment to operating acquired businesses profitably. While challenging for the affected employees, these changes aim to position WeTransfer for sustained success in the ever-evolving app market.

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