Brightcove Layoffs
Industry Marketing · Location Boston · United States · Subscribe (RSS)
Brightcove has 2 publicly reported layoff rounds on record between May 3, 2023 and March 19, 2025. A total of about 268 employees were affected across these rounds.
Layoff history
Brightcove filed a WARN Act notice in March 2025 disclosing 198 U.S. layoffs, including 65 in Massachusetts, as its new owner moved quickly to cut costs after completing an acquisition. Italian software company Bending Spoons bought the Boston-based video streaming platform for $233 million in February 2025, and the reductions represent about a third of the company's global headcount. The cuts were expected to roll out between mid-March and the end of July 2025. Bending Spoons, which has a history of acquiring and aggressively restructuring software products, declined to comment on the layoffs. Brightcove had been publicly traded on NASDAQ under the ticker BCOV and maintained offices in London, Tokyo, Sydney, and Seoul in addition to its Seaport district headquarters.
Reason: Post-acquisition cost restructuring by Bending Spoons
Source: boston.com
Brightcove disclosed a workforce reduction affecting its Boston operations in May 3, 2023. Approximately 70 roles were eliminated.
Source: bizjournals.com
Data for Brightcove is compiled from public WARN Act filings and reporting linked above. See our methodology.