Vimeo Cuts 11% Of Its Workforce Due To “uncertain Economic Environment”.

Vimeo laid off 11% of its workforce, a company spokesperson confirmed. Vimeo CEO Anjali Sood told employees in an email that the downsizing was being done to address the worsening economic situation. The company cut 6% of its workforce in July, citing similar concerns. Do you already know our Instagram account? follow us Vimeo is making a new round of staff cuts ahead of a financially difficult 2023, company spokesperson confirms insider on Wednesday. In an email sent to its employees, Vimeo CEO Anjali Sood explained that the layoffs would affect 11% of the workforce. “It was a very difficult decision that deeply affects each one of us,” Sood wrote in his message. “It’s also the right thing to do to allow Vimeo to become a more focused and successful company operating with the discipline necessary in an uncertain economic environment,” he added. Vimeo to have 1,200 employees on staff in 2021 In the email, Sood said that employees will be informed through personal messages and an invitation to meet with their team leader and a member of human resources. Vimeo reported that it employed just over 1,200 workers by the end of the year 2021, according to its latest
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