Vimeo announces layoffs across global teams after $1.38 billion deal

Video platform Vimeo has announced another round of layoffs this week. As reported by Business Insider, Vimeo’s new owner Bending Spoons has confirmed the job cuts. This latest round of layoffs at Vimeo comes days after the European tech company acquired Vimeo for #1.38 billion in November 2025. The company now yet revealed the number of employees impacted by the fresh round of layoffs. This marks Vimeo’s second round of staff reductions since September, when the company trimmed 10% of its full-time workforce in what it described in an SEC filing as an “effort to ensure focus and efficiency.”The Milan-based Bending Spoons has built its portfolio through aggressive acquisitions, owning platforms such as Evernote, Meetup, and WeTransfer. The company announced plans in October to acquire AOL for $1.5 billion, supported by $4 billion in debt financing raised in 2025.The firm has a track record of deep cuts post-acquisition: after buying WeTransfer, it laid off 75% of staff. One affected Vimeo employee told Business Insider: “I wish I could say it was a surprise.”Vimeo founded in 2004, the platform positioned itself as apremium video hosting service and an alternative to YouTube. The video platform focuses on both creators and businesses. The company has expanded into software offerings in like virtual events and webinars in the recent times. Vimeo was earlier owned by media holding company IAC, which spun it off as a public company in May 2021.