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Read moreDetailsVimeo was hit by a massive round of layoffs this past week, according to a report by Business Insider. Staffers posting on various social media sites that the layoffs impacted most of the company, including the entire video team. Vimeo is a video-hosting platform, so that sounds bad. The layoffs are the latest restructuring by Bending Spoons, the Milan-based tech conglomerate that acquired Vimeo for $1.38 billion in an all-cash deal that closed in the latter half of 2025. While Bending Spoons may be unknown to many, it’s quietly become one of the tech industry’s most prolific buyers, now owning Meetup, WeTransfer, Eventbrite, and many others. So what exactly is Bending Spoons? Despite its catchy name, the 12-year-old company has stayed remarkably under the radar, typically making headlines only when it adds another recognizable brand to its portfolio — or when it restructures these companies through significant layoffs. The company’s playbook has become clear: acquire underperforming but popular tech brands, then transform them to serve millions of users more efficiently through controversial changes to beloved products and substantial workforce reductions. It followed this pattern with Evernote and WeTransfer, and is now repeating it with Vimeo. Despite remaining largely unknown to
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Read moreDetailsVimeo has started laying off employees across its global operations, marking one of the first major changes since its acquisition by Italian technology group Bending Spoons. The job cuts were first reported by Business Insider and come less than a year after Bending Spoons acquired the video-hosting platform in an all-cash deal valued at $1.38 billion. While the exact number of affected employees has not been disclosed, Bending Spoons confirmed the layoffs, describing them as part of a broader restructuring effort. According to reporting by The Verge, the reductions are expected to impact a significant portion of Vimeo’s workforce. A former senior executive at Vimeo also indicated on LinkedIn that a “large portion of the company” had been affected by the move. TechCrunch has reached out to both Vimeo and Bending Spoons seeking additional details, but neither company has provided further clarification at the time of writing. Restructuring after Acquisition Founded in 2004, Vimeo has long positioned itself as a premium video platform focused on professional creators and businesses. However, the company has struggled to compete at scale in a market dominated by YouTube and other large video platforms. Over the years, Vimeo has repeatedly adjusted its strategy to find
Read moreDetailsPublished Fri, Jan 23, 2026, 09:15 The platform confirmed a second round of job cuts following the European tech group's $1.38 billion takeover. Vimeo has begun laying off staff across its global workforce, marking another round of job cuts since its acquisition by Bending Spoons late last year. The Milan-based technology holding company confirmed the layoffs this week, per Business Insider , though it declined to disclose how many roles are affected. The cuts come just months after Bending Spoons completed its $1.38 billion purchase of Vimeo in November. This is the company's second round of redundancies since September, when Vimeo reduced its full-time headcount by ten percent, citing a need to improve focus and operational efficiency in an SEC filing. Bending Spoons has expanded rapidly through acquisitions in recent years, buying companies including Evernote, Meetup and WeTransfer, and announcing a $1.5 billion deal for AOL in October. The firm has previously made deep post-acquisition cuts, including significant layoffs at WeTransfer. Founded in 2004, Vimeo has long positioned itself as a premium, ad-free alternative to YouTube and is widely used by artists, record labels and festivals for hosting music videos, live streams and archival content. In recent years, the platform
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