Private Equity Firm's Grip on Vimeo Takes a Brutal Toll: Layoffs Claim Most of Staff
In a shocking move, video-hosting platform Vimeo has been hit by a massive layoff, impacting nearly the entire workforce. This news comes just months after the company was acquired by private equity firm Bending Spoons for $1.38 billion in late 2025.
According to former Vimeo vice president of Global Brand & Creative, Dave Brown, he and many others were laid off following the acquisition. The layoffs have left the video team intact โ a significant blow to the platform's core functionality.
Bending Spoons' aggressive cost-cutting strategy has been on full display in its previous moves, including the 2023 layoff of employees at Evernote and the 2024 mass exit of WeTransfer staff. While the company claims to be committed to growing Vimeo despite the drastic reductions in personnel, many are left wondering about the future of the platform.
As one former employee candidly put it, "it sucks to see something I built killed by private equity in a technology company skin suit." The implications for Vimeo's users and creative community remain uncertain. With its long history dating back a year before YouTube, the once-prestigious video-hosting platform now faces an uncertain future under new ownership.
The exact number of employees laid off has not been confirmed by Bending Spoons, but the impact on Vimeo is undeniable. With its core team in disarray, it will be interesting to see how the platform adapts and evolves moving forward.
In a shocking move, video-hosting platform Vimeo has been hit by a massive layoff, impacting nearly the entire workforce. This news comes just months after the company was acquired by private equity firm Bending Spoons for $1.38 billion in late 2025.
According to former Vimeo vice president of Global Brand & Creative, Dave Brown, he and many others were laid off following the acquisition. The layoffs have left the video team intact โ a significant blow to the platform's core functionality.
Bending Spoons' aggressive cost-cutting strategy has been on full display in its previous moves, including the 2023 layoff of employees at Evernote and the 2024 mass exit of WeTransfer staff. While the company claims to be committed to growing Vimeo despite the drastic reductions in personnel, many are left wondering about the future of the platform.
As one former employee candidly put it, "it sucks to see something I built killed by private equity in a technology company skin suit." The implications for Vimeo's users and creative community remain uncertain. With its long history dating back a year before YouTube, the once-prestigious video-hosting platform now faces an uncertain future under new ownership.
The exact number of employees laid off has not been confirmed by Bending Spoons, but the impact on Vimeo is undeniable. With its core team in disarray, it will be interesting to see how the platform adapts and evolves moving forward.