Vimeo CEO Apologizes for Slashing Workforce by 6 Percent Amid Economic Uncertainty

Vimeo CEO Anjali Sud on stage during the 2019 NYWIFT Muse Awards at the New York Hilton Midtown in New York City on Dec. 10, 2019. Lars Niki/Getty Images for New York Women in Film & Television

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.