What is Bending Spoons? The little-known firm behind Vimeo’s sweeping layoffs
Bending Spoons, a Milan-based tech conglomerate, is the firm behind Vimeo's recent layoffs after acquiring the video platform for $1.38 billion. Despite its low public profile, Bending Spoons has become a prolific buyer of tech brands, known for acquiring underperforming but popular companies like Evernote and WeTransfer, and restructuring them through efficiency drives and significant workforce reductions. The company, which reached a valuation of over $10 billion in October 2025, continues to pursue new acquisitions and is reportedly considering an IPO in the U.S.
What is Bending Spoons? The little-known firm behind Vimeo’s sweeping layoffs
Bending Spoons, a Milan-based tech conglomerate, is responsible for recent sweeping layoffs at Vimeo following its acquisition of the video-hosting platform for $1.38 billion. Despite its low public profile, Bending Spoons has become a significant player in tech, acquiring and restructuring companies like Evernote, WeTransfer, Meetup, and Eventbrite, often leading to mass layoffs and changes to product offerings. The company, now valued at over $10 billion, focuses on transforming underperforming but popular digital businesses for efficiency and long-term ownership, aiming for continued aggressive expansion through acquisitions and leveraging substantial funding.
Vimeo Layoffs Eliminate Majority of Staff Just Four Months After $1.38B Acquisition
Just four months after Bending Spoons acquired Vimeo for $1.38 billion, the video platform has undergone severe layoffs, impacting "almost everyone," including the entire video engineering team. This follows a pattern established by Bending Spoons with previous acquisitions like Filmic Pro and WeTransfer, where workforces were significantly reduced. The news raises concerns about Vimeo's future, its role in the filmmaking ecosystem, and the fate of content hosted on the platform, prompting filmmakers to consider backing up their work and exploring alternative services.
Vimeo just lost most of its staff, including open source contributors
Vimeo conducted mass layoffs, eliminating most of its workforce, including the entire video engineering team and FFmpeg open-source contributors, four months after its acquisition by Italian conglomerate Bending Spoons. This follows a pattern where Bending Spoons acquires companies, cuts staff, and relocates operations to lower-cost regions, raising concerns about product sustainability and the open-source community. The move also coincided with Vimeo rebranding itself as an "AI-powered video platform," suggesting a shift towards automation over human expertise.
Almost All of Vimeo Staff Laid Off After Acquisition by Bending Spoons
Following its acquisition by private equity firm Bending Spoons for $1.38 billion, Vimeo has laid off a vast majority of its staff. This move mirrors Bending Spoons' past strategies, which include mass layoffs after acquiring companies like Filmic and WeTransfer, often leading to minimal product updates and aggressive cost-cutting measures. Former Vimeo employees have confirmed the layoffs, with a spokesperson from Bending Spoons confirming an announcement on January 20, 2026, while stating a commitment to Vimeo's growth.
Vimeo hit by layoffs after acquisition
Vimeo has experienced significant layoffs following its acquisition by the Italian tech company Bending Spoons in September. Former employees, including a senior engineer and the VP of Global Brand and Creative, confirmed a large portion of the company was impacted, with one stating almost everyone was laid off. Bending Spoons is known for acquiring underperforming legacy tech brands, reducing staff, and raising prices, a common private equity strategy.
Vimeo Layoffs 2026: Bending Spoons confirms new staff cuts after $1.38B acquisition
Vimeo has announced a second round of layoffs since September, shortly after its acquisition by Bending Spoons for $1.38 billion in November 2025. This move is part of Bending Spoons' strategy of deep restructuring post-acquisition, following a pattern seen with other companies like WeTransfer. The exact number of employees affected by the latest cuts remains undisclosed, though Bending Spoons has a history of significant workforce reductions to manage costs.
Duolingo CFO stepping down, company taps Vimeo CFO as replacement - Bizwomen
Duolingo's CFO, Matt Skaruppa, is stepping down after almost six years with the company, having overseen its successful IPO. Gillian Munson, a current board member and former Vimeo CFO, will replace him. Skaruppa will remain in an advisory role during the transition.
Duolingo CFO stepping down, company taps former Vimeo exec as replacement
Duolingo's CFO, Matt Skaruppa, is stepping down after nearly six years with the company, including leading it through its successful IPO in 2021. He will be replaced by Gillian Munson, a current board member and former Vimeo CFO, who will transition into the role after Skaruppa's advisory period. CEO Luis von Ahn expressed confidence in Munson's leadership to continue Duolingo's growth and mission.
Duolingo CFO stepping down, company taps Vimeo CFO as replacement - Bizwomen
Duolingo's CFO, Matt Skaruppa, is stepping down after six years with the company, which saw it go public and exceed IPO expectations. Gillian Munson, a current board member and former Vimeo CFO, will replace him. Skaruppa will remain in an advisory role during the transition, and CEO Luis von Ahn expressed confidence in Munson's leadership to continue Duolingo's growth.
Duolingo CFO stepping down, company taps former Vimeo exec as replacement
Duolingo Inc.'s CFO Matt Skaruppa is stepping down after nearly six years with the company, having overseen its IPO and subsequent growth. Gillian Munson, a current board member and former Vimeo CFO, will succeed him. Skaruppa will remain in an advisory role during the transition, with CEO Luis von Ahn expressing confidence in Munson's financial leadership.
Duolingo CFO stepping down, company taps former Vimeo exec as replacement
Duolingo Inc.'s Chief Financial Officer Matt Skaruppa is stepping down after almost six years with the company. Gillian Munson, a board member and former Vimeo CFO, will replace him. Skaruppa will remain in his role until Munson begins and then transition to an advisory capacity.
Duolingo CFO stepping down, company taps former Vimeo exec as replacement
Matt Skaruppa, Duolingo Inc.'s Chief Financial Officer, is stepping down after nearly six years with the company. Skaruppa was instrumental in taking Duolingo public and scaling its business beyond IPO expectations. The company is expected to name a former Vimeo executive as his replacement.
Duolingo CFO stepping down, company taps former Vimeo exec as replacement
Duolingo's CFO, Matt Skaruppa, will be stepping down from his position. Gillian Munson, a current board member and former CFO of Vimeo, has been appointed as his successor. Skaruppa was Duolingo's first CFO, joining the company in 2020.
Video Overload? Stop The Footage Chaos!
Vimeo has introduced new AI tools designed to help users organize, search, and manage extensive video libraries more efficiently. These tools automatically generate titles, chapters, and tags, and enable natural language queries to locate specific moments within videos. Additionally, Vimeo's AI enhances collaboration for teams and offers creators opportunities to monetize their content within the platform.
Boston Partners Boosts Stock Position in Vimeo, Inc. $VMEO
Boston Partners significantly increased its holdings in Vimeo, Inc., boosting its stake by 52.5% in the second quarter to 6,910,547 shares, valued at approximately $27.92 million. Other institutional investors like T. Rowe Price and Lynrock Lake also raised their positions, leading to institutional ownership of about 84.97% of the company. Despite this increased institutional interest, Wall Street analysts currently have a "Reduce" rating on Vimeo, with a consensus price target of $7.03, while the stock currently trades near $7.85 and has a market cap of $1.30 billion.
Vimeo, Inc. $VMEO Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH
Universal Beteiligungs und Servicegesellschaft mbH sold 49,573 shares of Vimeo, Inc. (VMEO) in Q2, reducing its stake by 35.2%. This institutional selling comes amidst negative analyst sentiment, with the stock holding a "Reduce" consensus rating and an average price target of $7.03. Vimeo recently missed quarterly earnings expectations and trades at a high P/E ratio.
Vimeo Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Vimeo, Inc. - VMEO
Kahn Swick & Foti, LLC (KSF), led by former Attorney General of Louisiana Charles C. Foti, Jr., is investigating the proposed sale of Vimeo, Inc. (NasdaqGS: VMEO) to Bending Spoons. The investigation will assess whether the $7.85 per share cash consideration for Vimeo shareholders and the process leading to this offer are adequate, or if the Company is undervalued. Shareholders who believe the transaction undervalues Vimeo are encouraged to contact KSF to discuss their legal rights.
Bending Spoons Completes $1.38 Billion Acquisition of Vimeo, Delisting Company from Nasdaq
Bending Spoons US Inc. has finalized its $1.38 billion all-cash acquisition of Vimeo, leading to Vimeo's delisting from the Nasdaq Exchange. Shareholders approved the $7.85 per share deal, cementing Vimeo as a wholly-owned subsidiary of Bending Spoons. This strategic move aims to strengthen Bending Spoons' position in the enterprise video market by integrating Vimeo's extensive user base and advanced tools.
Vimeo, Inc. $VMEO Shares Sold by Connor Clark & Lunn Investment Management Ltd.
Connor Clark & Lunn Investment Management Ltd. reduced its stake in Vimeo, Inc. by 20.4% during Q2, selling 38,853 shares and ending with 151,475 shares valued at $612,000. Institutional investors and hedge funds collectively own approximately 84.97% of the company. Vimeo's recent quarterly earnings reported an EPS loss of $0.01 on revenue of $105.76 million, and analysts have a "Reduce" rating with a consensus target price of $7.03.
Vimeo Announces Merger with Bending Spoons US
Vimeo, Inc. announced a merger agreement with Bending Spoons US on November 17, 2025, which will result in Vimeo becoming a subsidiary. Stockholders are scheduled to vote on the merger on November 19, 2025. Vimeo has also addressed stockholder concerns by providing supplemental disclosures and denying allegations of material omissions in the merger documents.
Vimeo, Inc. Announces Merger with Bending Spoons US
Vimeo, Inc. announced the expiration of the HSR Waiting Period for its merger with Bending Spoons US on November 7, 2025. The merger will make Vimeo a subsidiary of Bending Spoons US, pending Vimeo stockholder approval. A Proxy Statement has been filed with the SEC for the upcoming stockholder meeting.
Vimeo anuncia suporte para novos formatos de vídeo espacial no Vision Pro
Vimeo announced during its REFRAME event that its app for the Apple Vision Pro will support more spatial video formats. Starting immediately, the platform accepts VR180 videos, and by the end of the year, it will also support Apple Immersive Video and Apple Projected Media Profile (APMP), facilitating the creation and distribution of high-quality spatial content. This move aims to accelerate content creation for the Vision Pro, which currently has limited regional availability.
Citizens reiterates Market Outperform rating on IAC stock, sees multiple catalysts - Investing.com India
Citizens has reaffirmed its Market Outperform rating on IAC/InterActiveCorp (NASDAQ:IAC) stock, maintaining a price target of $72.00. The firm highlighted several potential catalysts for IAC, including the upcoming Angi (NASDAQ:ANGI) strategic update in May, which is expected to outline plans for improved monetization and potential profitability. Also noted were the ongoing strength of Dotdash Meredith's digital advertising segment and the anticipated positive impact of new product launches at MGM (NYSE:MGM) Resorts International.
Vimeo, Inc. Experiences Evaluation Revision Amid Strong Performance and Market Dynamics - Markets Mojo
Vimeo, Inc. has undergone an evaluation revision due to strong performance, including a 57.61% return over the past year, significantly outperforming the S&P 500. The company's stock is priced at $7.77, and it exhibits a mixed technical outlook with bullish signs on MACD and Bollinger Bands, though some indicators show bearish trends. Its remarkable 75.4% return last month highlights its resilience in the market.
Vimeo, Inc. (VMEO) Is Up 0.13% in One Week: What You Should Know
Vimeo, Inc. (VMEO) has shown a 0.13% increase in stock price over the past week, outperforming the Zacks Technology Services industry. The company holds a Zacks Momentum Style Score of B and a Zacks Rank of #1 (Strong Buy), indicating potential for continued outperformance. Recent positive earnings estimate revisions further strengthen its investment profile.
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Vimeo, Inc. (NASDAQ: VMEO)
Monteverde & Associates PC, a prominent M&A class action firm, has launched an investigation into Vimeo, Inc. (NASDAQ: VMEO) following its proposed sale to Bending Spoons US Inc. The firm is examining whether the offered price of $7.85 per share adequately compensates Vimeo shareholders. Shareholders are encouraged to contact Monteverde & Associates PC for a free and no-obligation consultation.
Vimeo agrees to $1.38b acquisition by Bending Spoons
Vimeo, a video platform for businesses and content creators, has agreed to be acquired by Bending Spoons in an all-cash transaction valued at approximately $1.38 billion. Vimeo shareholders will receive $7.85 per share, representing a 91% premium over the company’s 60-day volume-weighted average share price. The deal has been unanimously approved by Vimeo’s board and is expected to close in Q4 2025, after which Vimeo will become privately held.
Vimeo to Be Acquired for $1.38 Billion in Cash by Italian Tech Firm Bending Spoons
Vimeo, the video platform, has agreed to be acquired by Italian tech company Bending Spoons in an all-cash deal valued at approximately $1.38 billion. This acquisition, unanimously approved by Vimeo's board, is expected to close in Q4 2025, after which Vimeo will become a privately held company. Shareholders will receive $7.85 per share, representing a 91% premium over Vimeo’s recent 60-day volume-weighted average share price.
Bending Spoons snaps up struggling YouTube rival Vimeo in $1.38B deal
Italian mobile application developer Bending Spoons S.p.A. has announced its intent to acquire the video hosting platform Vimeo.com Inc. in an all-cash deal valued at approximately $1.38 billion. The acquisition, expected to close by Q4 2025, will lead to Vimeo's delisting from the stock market. While Bending Spoons plans "ambitious investments" in Vimeo, its history suggests potential cost-cutting, layoffs, and changes to service models, raising concerns about the future for Vimeo's employees and free users.
Vimeo Enters into Definitive Agreement to Be Acquired by Bending Spoons for $1.38 Billion
Vimeo, a leading video platform, has announced a definitive agreement to be acquired by Bending Spoons in an all-cash transaction valued at approximately $1.38 billion. Vimeo shareholders will receive $7.85 cash per share, representing a 91% premium over the 60-day volume-weighted average share price. The transaction is expected to close in the fourth quarter of 2025, after which Vimeo will become a privately held company.
VMEO Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Vimeo, Inc. Is Fair to Shareholders
Halper Sadeh LLC, an investor rights law firm, is investigating the sale of Vimeo, Inc. (NASDAQ: VMEO) to Bending Spoons for $7.85 per share in cash. The investigation aims to determine if the sale is fair to Vimeo shareholders and if the board of directors breached their fiduciary duties. Shareholders are encouraged to contact Halper Sadeh to learn about their legal rights and options.
Vimeo, Inc. (VMEO) Reports Q1 Loss, Tops Revenue Estimates
Vimeo, Inc. (VMEO) reported a Q1 loss of $0.02 per share, outperforming the Zacks Consensus Estimate of a $0.03 loss. The company also surpassed revenue estimates, posting $103.03 million against an expectation of $101.35 million. Despite the positive surprise in earnings and revenue, Vimeo shares have declined about 20% since the beginning of the year.
Vimeo Insiders Added US$515.3k Of Stock To Their Holdings
Vimeo insiders have increased their holdings by US$515.3k over the last year, with a significant purchase by Director Adam Gross at a price well below the current market value. Insider ownership stands at 9.1%, suggesting strong alignment with shareholder interests. The article highlights that while there haven't been recent transactions, the overall insider buying trend indicates confidence in the company's prospects.
Vimeo Appoints Robert Petrocelli as Company’s First Chief Product & Technology Officer
Vimeo has appointed Robert "Bob" Petrocelli as its first Chief Product & Technology Officer, effective September 9, 2024. Petrocelli will lead global product and engineering teams as Vimeo focuses on innovation in video experiences and AI technology. He brings over 35 years of technology experience, including previous CTO roles at Pluralsight, Intelerad Medical Systems, and Datto, and founded GreenBytes and Heartlab.
Vimeo adds Rhode Island tech entrepreneur to its c-suite
Bob Petrocelli, who holds advanced degrees from URI and Brown, has been named Chief Product and Technology Officer at Vimeo. Petrocelli, whose roots are deep in Rhode Island, joins the C-suite of the prominent video platform. This move highlights his significant experience in the technology sector.
Exclusive: Vimeo's new CEO lays out the company's AI strategy
Vimeo's new CEO, Philip Moyer, reveals the company's strong focus on generative AI to compete in the video platform market. Vimeo aims to simplify professional creators' and corporate marketing departments' challenges with AI features for video storage, customization, and distribution, while also addressing opportunities in AI regulation adherence. Despite past layoffs, the company asserts a strong financial position to grow profits without further headcount reductions.
Vimeo rolls out AI video translation for business customers
Vimeo is launching a new AI feature that allows its business customers to translate videos into up to 29 languages while preserving the original speakers' voice and tone. This tool is designed to simplify video localization for corporate training, internal updates, and marketing videos for international audiences, potentially saving businesses significant translation costs. This feature is part of Vimeo's broader initiative to integrate AI-driven tools to streamline video creation and editing for its growing enterprise segment, which saw a 60% year-over-year revenue increase in Q1 2024.
Vimeo's new AI-powered video hub, Vimeo Central, unlocks a video-first strategy for enterprise
Vimeo has launched Vimeo Central, a secure, AI-powered video hub designed for enterprises to centralize video communication and knowledge. This platform addresses the challenges of fragmented information in distributed work environments by enabling employees to easily create, find, and share video content. Key features include an enhanced video library, AI-powered tools for content summarization and search, recording capabilities, and team-level analytics.
Vimeo to Present at Piper Sandler Growth Frontiers Conference
Vimeo announced its participation in the Piper Sandler Growth Frontiers Conference on September 13, 2023, where CFO Gillian Munson will conduct a fireside chat. A live audiocast will be available on Vimeo's investor relations website, which will also serve as the future platform for announcing investor event participation and providing related resources.
Vimeo (VMEO) CEO Sud to Step Down; Adam Gross Named Interim Chief
Vimeo Inc. CEO Anjali Sud will step down from her position at the end of August. Board member Adam Gross will become interim CEO on September 1 while the company searches for a permanent replacement. Gross has been a member of Vimeo's board since May 2021 and previously held executive positions at Salesforce Inc.
Vimeo is tuning out its streaming TV apps
Vimeo is discontinuing its dedicated streaming TV apps for Apple TV, Android TV, Amazon Fire TV, and Roku starting June 27th. Users can still watch Vimeo content on their TVs by casting from the Vimeo mobile app via Apple AirPlay 2 or Google Chromecast. This move aligns with Vimeo's strategic shift in recent years from a consumer-facing streaming destination to focusing on video-streaming services for businesses.
Tech leaders from Vimeo, Slack, and 776 share insights on staying innovative during an economic downturn
During a panel at SXSW, tech leaders from Vimeo, Slack, and 776 discussed strategies for innovation amidst economic turbulence, including recent layoffs and the Silicon Valley Bank collapse. They emphasized the importance of focusing on customer needs, transparent communication, and maintaining employee morale through difficult periods. The panelists concluded that constraints often foster innovation, leading to the creation of valuable new products and services.
Creating a GIF in Vimeo
This article explains how to use Vimeo's new GIF creation feature to make embeddable and shareable GIFs from client videos. It details the process of uploading a video, segmenting a section up to six seconds, and converting it to a GIF format. The author highlights the ease of sharing and repurposing these GIFs for social media, digital ads, and email newsletters.
Vimeo’s top users complain of huge fee hikes and disappearance of content
Top video creators on Vimeo are reporting significant fee increases and the potential loss of their content. These charges primarily affect the top one percent of users, particularly those integrating Vimeo with Patreon. Users like Sunny Singh and Channel 5 have faced substantial cost hikes, leading some to migrate platforms or risk service interruption and content disappearance.
How Vimeo refashioned its funnel from consumers to business
Vimeo CEO Anjali Sud discusses the company's transformation from a consumer-focused platform to a business-to-business video platform, leveraging its freemium model. She explains how the pandemic accelerated this shift and emphasizes the importance of C-suite commitment and understanding customer KPIs for successful business transformation and growth.
Vimeo CEO says momentum can continue past pandemic: ‘We’re looking to create a market that was never there’
Vimeo CEO Anjali Sud believes the company's pandemic-driven momentum can continue as it aims to create new market opportunities for video usage among businesses. While other tech companies saw increased demand from the crisis, Sud highlights Vimeo's unique suite of services that differentiates it. She spoke at Barron’s ‘Investing in Tech’ conference about the opportunities for increased video adoption.
How Vimeo went from CollegeHumor side project to a multibillion-dollar company
Vimeo, once a side project of CollegeHumor, has grown into a multibillion-dollar public software company. Initially acquired by IAC almost by accident, Vimeo pivoted from being a YouTube competitor to building video software for businesses under the leadership of Anjali Sud. The company recently went public with over 200 million users and 1.6 million paying subscribers, generating substantial revenue.
Online video platform Vimeo plunges in debut after IAC spin-off
Shares of online video platform Vimeo Inc. plunged 9.5% on their Nasdaq debut after spinning off from InterActiveCorp (IAC). The stock opened at $47.15 a share, compared to $52.08 on Monday, and later fell to $44. Vimeo's platform has seen increased demand during the Covid-19 pandemic as more people shifted to remote work and learning.
Vimeo Unveils New Corporate Video Library To Keep Teams Connected
Vimeo has introduced Video Library, a new centralized and secure hub designed to simplify video creation, communication, and collaboration for enterprise teams, particularly in distributed work environments. This platform aims to address the challenges of fragmented information and improve knowledge sharing through easily searchable and organized video content. Video Library is available to all Vimeo Enterprise customers and further solidifies Vimeo's position in the growing video SaaS market.
