Vimeo hit by layoffs after acquisition

Once upon a time, there was an online video platform called Vimeo that internet users knew as the high-brow alternative to YouTube. If YouTube was known for its vloggers and amateur comedy skits, Vimeo was known as the place for well-produced short films by actual indie filmmakers. It had its own version of YouTube Premium, produced its own originals, and even received an Emmy nomination.

While Vimeo still technically exists, that version of Vimeo no longer does. Last September, Vimeo was...