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48 Vimeo lays off most of its staff just months after being bought by private equity firm

Engadget
Lawrence Bonk @ Engadget · today 13:45 EDT

Vimeo lays off most of its staff just months after being bought by private equity firm

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, including the entire video team. Vimeo is a video-hosting platform, so that sounds bad.
“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 & Creativ

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