Vimeo starts layoffs after acquisition by Bending Spoons

Vimeo is in the process of laying off some of its global staff after being acquired last year by Bending Spoons for $1.38B.
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Vimeo Agrees To Be Acquired By Bending Spoons In An All-Cash Transaction Valuing It At Approximately $1.38 Billion

Vimeo has agreed to be acquired by Bending Spoons in an all-cash transaction that values it at approximately $1.38 billion, equating to $7.85 per share for Vimeo shareholders. A few weeks before the ...