https://www.businessinsider.com/vimeo-conducts-layoffs-job-cuts-2022-7 Tell us your stories #layoff #severance #vimeo
Do people actually use Vimeo?
Stil quite popular among boomers
If leaders had little empathy and took around 10% pay cut and employees around 5% pay cut this could have been easily avoided.
Empathy and corporate America???
One of my friend's groups did this at Honeywell during the 2008-2009 downturn. The took about 20% pay cuts for 18 months so everyone could keep their jobs. (In that economy they were happy to do it.)
Their business model changes were pretty indicative of this
What business model? Losing out to YouTube early on should have provided enough indication they were screwed.