Vimeo just got hit by another round of layoffs, and it sounds like it was a big one.
Business Insider reported earlier [last] week that the video hosting site had cut jobs across its global workforce.
“Yesterday, following Vimeo’s recent acquisition by a private equity firm, I learned that I, along with a large portion of the company, was impacted by layoffs,” wrote the company’s former vice president of Global Brand & Creative, Dave Brown, in a post on LinkedIn.
A software engineer said in their own LinkedIn post that they were laid off along with a “gigantic amount of the company.” And a former Vimeo staffer also posted on X that “almost everyone at Vimeo was laid off,” including the entire video team.
The news comes just months after the Italian tech holding company Bending Spoons bought Vimeo for $1.38 billion last year. Vimeo had previously cut its workforce by 10% in September.



Dropout uses Vimeo?
They use Vimeo’s OTT platform (which makes a lot of sense especially considering Vimeo was founded at CollegeHumor/Dropout)