I know this wasn't an entirely honest question, but yes, absolutely. You probably see Vimeo videos every day without realizing it, because most of the viewing isn't done on vimeo.com. It's videos on other sites, and the customers can pay to have their branding, not Vimeo's, so if you're buying something online and it has a product video... might be Vimeo. Or one of those websites that have big header splashes with full-video backgrounds. Or a subscription "channel" like Martha Stewart TV with mobile and smart-TV apps. Or a million other things.
Once at Vimeo, maybe 7 or 8 years ago, I was working on putting out the fires of an extremely weird operational issue where a bug in a cloud provider's software-defined networking stack led to corrupted HTTP responses, which got stored in CDN caches, causing persistent playback issues for users (playback not starting, or locking up in the middle). The cloud provider had reported it as a "packet loss" issue, because for the most part the misdirected packets would get rejected by the receiving TCP stack for having the wrong sequence number or whatever, but one time in a billion they would get through and wreak havoc... and we were moving enough traffic that those one-in-a-billion flukes were happening constantly.
I was musing in the shared chat with one of our CDN partners that, with no real way to tell what files were affected, the only way to fix the playback issues for everyone (short of waiting a month for all the cached objects to age out) would be to simply purge the whole cache. I immediately got a bold all caps DON'T EVEN THINK ABOUT DOING THAT in response. If we flushed the whole cache, the origin traffic to refill it would have saturated some internet links to the point of DoSing other customers and probably getting on CNN that evening. And that was then. Traffic levels got significantly higher later on.
Lots of custom infrastructure. A bit of losing money as well, but moderately profitable on the whole. They were a publicly traded company in their own right from 2021 to 2025, so you can look at the 10-Ks. There was a massive boost in business from COVID in 2020 and early 2021... which meant that the spinoff in May 2021 left investors in a position to be perpetually disappointed, sort of like Peloton.
The BusinessInsider story is as much as you're going to get right now, because Bending Spoons is declining to provide specifics, and those just let go aren't free to tell all. But yes, "globally" means significant cuts in New York and the US in general.
In a parallel universe, they switched to RFC6979 in 2013, but the implementation had a bug that wasn't detected for years, allowing compromise of lots of keys. In that parallel universe, HN is criticizing them for following fashion instead of just leaving an already-proven piece of crypto code in place.
It's an unfortunate bug, an unfortunate oversight, but I think they made a perfectly reasonable choice at the time.
Once at Vimeo, maybe 7 or 8 years ago, I was working on putting out the fires of an extremely weird operational issue where a bug in a cloud provider's software-defined networking stack led to corrupted HTTP responses, which got stored in CDN caches, causing persistent playback issues for users (playback not starting, or locking up in the middle). The cloud provider had reported it as a "packet loss" issue, because for the most part the misdirected packets would get rejected by the receiving TCP stack for having the wrong sequence number or whatever, but one time in a billion they would get through and wreak havoc... and we were moving enough traffic that those one-in-a-billion flukes were happening constantly.
I was musing in the shared chat with one of our CDN partners that, with no real way to tell what files were affected, the only way to fix the playback issues for everyone (short of waiting a month for all the cached objects to age out) would be to simply purge the whole cache. I immediately got a bold all caps DON'T EVEN THINK ABOUT DOING THAT in response. If we flushed the whole cache, the origin traffic to refill it would have saturated some internet links to the point of DoSing other customers and probably getting on CNN that evening. And that was then. Traffic levels got significantly higher later on.