Vimeo’s layoffs raise dire concerns about what happens to the vast archive of videos the platform has hosted for two decades.

Vimeo is in the process of laying off some of its global staff after being acquired last year by Bending Spoons for $1.38B.

Bending Spoons remains largely unknown, even as its portfolio of products has served more than a billion people.

Vimeo faces severe layoffs and strategic decline after its $1.38bn acquisition by Bending Spoons, as creators abandon the ...

Shares of Pinterest (NYSE: PINS), Match Group (NASDAQ: MTCH) and Vimeo (NASDAQ: VMEO) declined 18.7%, 14.8%, and 18.4%, respectively in January, according to data from S&P Global Market Intelligence.

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 ...