Vimeo

WFH, nice people to work with.

Briefly, the atmosphere is that of a sinking ship. Poor business decisions were made by the C-level management. Too much effort was put into B2B while content creators, who are the base customers of the company, were left abandoned.

The CEO is a big hypocrite. She doesn't care for her employees while trying to show she does. She also makes poor business decisions, especially when she implemented a business model that would only work in a "Covid world." This caused a second round of massive layoffs earlier this year, and it's definitely not the last one.

No surprise the stock has plummeted by 95% and is not showing signs of recovering. The CTO doesn't know what he is doing and doesn't know how to handle the massive tech debt. Every time someone is facing him with that, he has a different excuse why we shouldn't handle it.

Most of the engineers I'm talking to are looking for a new job (same as me) because it looks like the third and fourth rounds of layoffs are right around the corner. This is not the right time to start working for Vimeo because you'll probably be looking for a new job soon.

Going for the easy ways, like B2B, isn't always the right business solution. Sometimes, good old hard work with the product pays off. The hypocrisy shows; try to be a little more sincere with your employees. Most of us are seeing this, and we talk about it within the team.