Vimeo Experiences Significant Workforce Reductions Following Bending Spoons Acquisition
Vimeo is undergoing substantial workforce reductions following its recent acquisition by Bending Spoons, a private equity firm, for $1.38 billion. Reports indicate that the layoffs have affected a large portion of the staff, notably within the video production team, which is critical to the platform’s operations. Dave Brown, the former Vice President of Global Brand & Creative, voiced his concerns about the layoffs on social media, highlighting the drastic impact on the company’s personnel.
Details surrounding the layoffs remain sparse. However, Bending Spoons has a track record of cost-cutting measures once it acquires tech companies, having previously made similar cuts at Evernote and WeTransfer in the past few years. An inquiry by Engadget aims to clarify the total number of employees affected by the layoffs.
A representative from Bending Spoons confirmed the layoffs occurred on January 20, 2026, stating, “To respect the privacy of those departing, we cannot provide additional details at this time,” but assured that the firm is still committed to expanding Vimeo to serve its diverse user base effectively.
The reduction in workforce raises questions about the future direction of Vimeo, which has long been recognized as a leading platform for premium video hosting since its inception, predating YouTube. As the company faces uncertainty with a significantly reduced team, many former employees express concern over the changes brought about by private equity ownership.
Key points to note:
– Vimeo acquired by Bending Spoons for $1.38 billion.
– Significant layoffs affecting a majority of staff, especially in the video team.
– Bending Spoons has a history of aggressive cost-cutting measures.
– Official comments from Bending Spoons emphasize a commitment to Vimeo’s growth despite layoffs.
The future of Vimeo, particularly its operational capabilities with such a diminished workforce, remains to be seen.
