Vimeo just got hit by another round of layoffs, and it sounds like it was a big one.
Business Insider reported earlier this 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.
Founded in 2004, just one year before YouTube, Vimeo has positioned itself as a premium alternative for video hosting, focusing more on professional creators and businesses than viral content.
In 2020, Vimeo began leaning more heavily into AI-powered tools after acquiring Magisto, introducing automated video editing features. More recently, the company has continued to embrace AI. Last year, it rolled out features that use AI to search through video libraries, allowing users to quickly find specific moments using keyword searches.
“We’re trying to make AI more useful to the creator and the viewer,” Vimeo CEO Philip Moyer told NYNext at the time. “Our goal is to cut through the noise, to be the platform of trust.”
Vimeo’s AI tools also let users translate and dub videos as well as edit footage by deleting words directly from a transcript.
While it’s tempting to link Vimeo’s AI push to the layoffs, the actual reason is likely simpler. In fact, Vimeo’s share price nearly doubled toward the end of last year after it announced tools that would help weed out AI slop.
Bending Spoons, meanwhile, has developed a reputation for buying tech companies past their peak and aggressively cutting costs. The firm acquired Evernote in 2022, followed by Meetup and WeTransfer in 2024, and AOL and Eventbrite in 2025. Layoffs followed many of those deals. In September 2024, just months after being acquired by Bending Spoons, WeTransfer laid off 75% of its staff.
“I can confirm that a layoff was announced at Vimeo on January 20, 2026. To respect the privacy of those departing, we cannot provide additional details at this time,” a Bending Spoons spokesperson told Gizmodo in an emailed statement. “Going forward, Bending Spoons remains committed to growing Vimeo to meet the needs of its diverse user base.”
Vimeo did not immediately respond to a request for comment from Gizmodo.
Read the full article here
