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Wattpad Implements Second Round of Layoffs, Cuts 15% of Employees

Wattpad, a storytelling platform, conducts another layoff round

Wattpad, a Toronto-based storytelling platform owned by Naver's Webtoon Entertainment, conducted another round of layoffs earlier this month. Wattpad has cut around 30 jobs, or roughly 15% of its workforce, a source familiar with the situation told TechCrunch. A spokesperson for Wattpad did not respond to a request for comment ahead of publication.

Wattpad Premium subscribers now have access to 5 free monthly Wattpad Originals

Wattpad announced today “Premium Picks,” a new offering that gives Premium and Premium+ subscribers monthly access to five free Wattpad Originals the recently…

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