Vimeo is in the process of laying off some of its global staff after being acquired last year by Bending Spoons for $1.38B.
Employees reported major job cuts this week, just months after the video hosting site was bought by Bending Spoons.
'Sucks to see something I built killed by private equity in a technology company skin suit.' ...
Vimeo’s layoffs raise dire concerns about what happens to the vast archive of videos the platform has hosted for two decades.
Vimeo just got hit by a brutal round of layoffs, according to a report by Business Insider. Staffers are posting on various social media sites that the layoffs have impacted most of the company, ...
Bending Spoons remains largely unknown, even as its portfolio of products has served more than a billion people.
Vimeo has agreed to be acquired by Bending Spoons in an all-cash transaction that values it at approximately $1.38 billion, equating to $7.85 per share for Vimeo shareholders. A few weeks before the ...
Vimeo was quick to adopt generative AI into its platform. In June 2023, the video company added a suite of generative AI tools for optimizing video creation. Now, Vimeo is turning its AI efforts ...