Wattpad Layoffs
Industry Media · Location Toronto · Canada · Subscribe (RSS)
2
Layoff rounds
62
Employees laid off
Acquired
Funding stage
$117M
Total raised
Wattpad has 2 publicly reported layoff rounds on record between March 8, 2023 and January 30, 2024. A total of about 62 employees were affected across these rounds.
Layoff history
January 30, 2024
Wattpad cut 20 employees (10% of staff)
Wattpad disclosed a workforce reduction affecting its Toronto operations in January 30, 2024. Approximately 20 roles were eliminated.
Source: techcrunch.com
March 8, 2023
Wattpad cut 42 employees (15% of staff)
Wattpad disclosed a workforce reduction affecting its Toronto operations in March 8, 2023. Approximately 42 roles were eliminated.
Source: betakit.com
Data for Wattpad is compiled from public WARN Act filings and reporting linked above. See our methodology.