Vimeo, the video-hosting platform, is laying off some of its global staff, according to A report From Business Insider. Action came shortly after Company acquisition by Italian tech company Bending Spoons, which bought it last year for $1.38 billion in an all-cash deal.

Bending Spoons confirmed the layoffs to BI but would not share how many people would lose their jobs. The Verge Report The cutbacks will affect a “large portion” of the company’s total workforce, it said A LinkedIn post From Vimeo’s former VP of global brand and creative, who said he, “along with a large part of the company,” was “impacted by the layoffs.”

TechCrunch has reached out to Vimeo and Bending Spoons for more information.

Vimeo, which was founded in 2004, has struggled to find its footing in a field dominated by YouTube. In recent years, the company has leaned heavily on AI. In 2023, it is announcement Plans to launch AI-powered script-writing and video editing tools. This past October, the company added an additional suite AI-powered builder tools Designed to connect filmmakers “content directly into AI workflows”.

In recent years, Bending has acquired several other well-known technology platforms, including Spoons meetup, EvernoteAnd Way transfer.