Video-sharing platform Vimeo has laid off 6 percent of its workforce amid challenging market conditions and uncertainty about the economy.
New York-based Vimeo’s CEO Anjali Sud announced the layoffs, which she said came after careful consideration, in a blog post on July 18.
“Our people are what makes Vimeo great, and losing any of them is a personal failure that I feel deeply. But after assessing the challenging market conditions and uncertainty ahead, I believe this is the responsible action to take,” said Sud. “It is the right thing to do, but still a painful outcome that impacts the jobs and lives of people we care about and have worked with side-by-side.”…