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.)
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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.