Vimeo hit by layoffs after acquisition

Once upon a time, there was an online video platform called Vimeo that Internet users knew as a high-brow alternative to YouTube. If YouTube was known for its vloggers and amateur comedy skits, Vimeo was known as a place for well-produced short films by genuine indie filmmakers. It had its own version of YouTube Premium, produced its own originals, and even received an Emmy nomination.

While Vimeo still technically exists, that version of Vimeo no longer exists. Last September, Vimeo was acquired by Italian tech company Bending Spoons. And now the bending spoon is just done fired from job A large number of Vimeo employees.

Bending Spoons confirmed the layoffs to TechCrunch but did not disclose how many employees would be laid off. However, a former senior Vimeo engineer, who left the company last month after 13 years, according to his LinkedIn, says the layoffs have almost completely wiped out Vimeo.

“Reviving this account to say: Almost everyone at Vimeo was fired yesterday, including the entire video team,” said Derek Buitenhuis. Posted social media platform

Buitenhuis added, “It’s sad to see something I built being destroyed by private equity in a technology company’s skin suit.”

Vimeo now also has former VP of Global Brand and Creative Dave Brown Confirmed On LinkedIn that they were part of the layoffs and that “a large portion of the company” was affected.

Vimeo was founded in 2004, and although it never reached YouTube’s level of success, it earned a respectable spot as the number two video platform by focusing on artists and the art of filmmaking. However, as TechCrunch points out, in recent years, Vimeo made an effort to move toward artificial intelligence, introducing new AI tools to screenwriters and video editors.

In September 2025, Vimeo announced it was being acquired By Bending Spoon for $1.38 billion.

The name Bending Spoon may sound familiar to you. In 2024, the company was described in a Bloomberg article as the “private equity hipsters” for the App Store generation. The company has been on a buying spree for the last few years, Acquisition of legacy tech brands Like AOL, Evernote, Meetup and WeTransfer. The company has also acquired other video platforms such as StreamYard and Brightcover. By now, Bending Spoon has been known in the tech industry for buying up underperforming legacy brands, firing employees, hiring cheap labor and raising prices, a familiar private equity playbook.

Vimeo continues to exist as a service, offering paid video hosting subscriptions for ad-free uploads. As of now, it is unclear what changes Bending Spoons has made for the platform.

Subject
viral video youtube





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