Vimeo hit by layoffs after acquisition

As soon as upon a time, there was an internet video platform known as Vimeo that web customers knew because the high-brow different to YouTube. If YouTube was recognized for its vloggers and beginner comedy skits, Vimeo was often called the place for well-produced brief movies by precise indie filmmakers. It had its personal model of YouTube Premium, produced its personal originals, and even acquired an Emmy nomination.

Whereas Vimeo nonetheless technically exists, that model of Vimeo now not does. Final September, Vimeo was acquired by the Italian tech firm Bending Spoons. And now Bending Spoons has simply laid off a big variety of Vimeo’s workers.

Bending Spoons has confirmed the layoffs to TechCrunch however didn’t disclose simply what number of workers would lose their job. Nonetheless, a former senior Vimeo engineer who left the corporate final month after 13 years, based on his LinkedIn, says the layoffs have practically cleared out Vimeo solely.

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“Reviving this account to say: Nearly everybody at Vimeo was laid off yesterday, together with all the video workforce,” Derek Buitenhuis posted to his account on social media platform X. “Should you’re in search of gifted engineers, there are a number of in the marketplace.”

“Sucks to see one thing I constructed killed by non-public fairness in a expertise firm pores and skin swimsuit,” Buitenhuis continued.

Vimeo’s now-former VP of World Model and Artistic, Dave Brown, additionally confirmed on LinkedIn that they have been a part of the layoffs and a “giant portion of the corporate” was impacted.

Vimeo was based in 2004, and whereas it by no means fairly reached YouTube’s ranges of success, it carved out a good place because the quantity two video platform by specializing in artists and the artwork of filmmaking. Nonetheless, as TechCrunch factors out, lately, Vimeo tried to pivot into synthetic intelligence, providing new AI instruments to screenwriters and video editors.

In September 2025, Vimeo introduced that it was being acquired by Bending Spoons for $1.38 billion.

The title Bending Spoons might sound acquainted to you. In 2024, a Bloomberg article described the corporate as “non-public fairness hipsters” for the app retailer era. The corporate has been on a shopping for spree over the previous few years, buying legacy tech manufacturers like AOL, Evernote, MeetUp, and WeTransfer. The corporate has additionally acquired different video platforms like StreamYard and Brightcover, too. By now, Bending Spoons is recognized within the tech business for purchasing up underperforming legacy manufacturers, firing workers, hiring cheaper labor, and elevating costs, a well-recognized non-public fairness playbook.

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