No other medium has the ability to bring stories to life in a deeply personal way, while simultaneously reaching every corner of the globe. Today I am sharing my next adventure, as the incoming CEO of Tubi!Īnyone who knows me knows that I believe in the power of video. And I will focus on showing up for every Vimean with both strength and humanity as we move forward. Today we will focus on showing up for our colleagues with care. I believe in our strategy and in our team’s ability to make it happen, as do countless others. The future of work will only become more video-first, and the world needs easy and innovative solutions to communicate and connect better. If you know of an opportunity or are seeking great talent, let us know at this difficult change, Vimeo is entering 2023 with more clarity and structural alignment than ever before. I will be reaching out to each of them to offer my network to support them in their next career steps. I feel deeply for the Vimeans leaving us, and I want each person impacted to know how grateful I am for their contributions and how invested I am in their future. I also know that what we need right now is humanity. This is a strength that I believe differentiates us. I have seen us demonstrate agility and resilience throughout our history, and in particular in the last year. With this reduction we are well positioned to both invest in our growth priorities and be sustainably profitable, with a strong balance sheet and over 1,000 employees all singularly focused on bringing the power of video to every business in the world.Īs I said to the Vimeo team today, I know we can do hard things. It is also the responsible choice to enable Vimeo to be a more focused and successful company, operating with the necessary discipline in an uncertain economic environment. This was an incredibly hard decision, one that impacts peoples’ livelihoods and spirits in already difficult times. Today we announced the decision to reduce Vimeo’s team size by 11%.
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