it's not immoral to fire people.

it's immoral to lie to people.

very few people can do the mental gymnastics required to equate " we look forward to realizing Vimeo’s full potential as we reach new heights together " to "you're all getting fired."

at some point in the now far-distant past CEOs used to make heartfelt speeches and memos to a soon-to-be-downsized staff about how hard decisions had to be made and blah-blah-blah; now it's more about sequestering the decision makers away from the damaged goods while projecting daisies and sunshine for would-be investors.

The game has shifted far from the human factor into a purely financial/investor loop. Good for some people but generally worse for people .

And before I hear it : Yes it was always about money, but business wasn't always about investors . That projection of liability to a remote party is exactly the issue.

▲

hi_hi 3 hours ago | parent | next [-]

This was exactly my sentiment.

Going from "you're fine" to "you're fired", when it was always going to be "you're fired".

▲

x0x0 2 hours ago | parent | prev | next [-]

Bending Spoon's business model has been -- at least for a decade -- buying companies that didn't operate profitably; stopping or slowing ongoing eng investments; and operating them profitably. Often that involves raising prices, but everyone is adults here.

Nobody lied. Vimeo will continue to operate, and probably will even have targeted ongoing development.

▲

csallen 2 hours ago | parent | prev [-]

[flagged]

▲

Remnant44 2 hours ago | parent | next [-]

While you may be correct in the sense that, in a public acquisition statement, people should be inferring enormous context and not taking anything said at face value.

It's simultaneously true that this is the farthest thing from effective, honest, and clear communication. Reading between the lines here is required precisely because we all know that any acquisition statements made are, at best heavily coded, if not completely just fluff.

You can recognize that and still get angry that it's par for the course for such things to be not just devoid of useful information, but often actively deceiving.

	▲	aeonfox 2 hours ago \| parent \| next [-]
		> Reading between the lines Tbf, and in support of your broader point, there's no reading between the lines, because genuine intent is indistinguishable from deception with this kind of stuff, because the latter imitates the former. There's only expecting the worst, and being only occasionally wrong.
	▲	csallen 2 hours ago \| parent \| prev [-]
		Yeah I agree, I don't think anyone is a fan of this fluff

▲

nehal3m 2 hours ago | parent | prev [-]

You're not wrong, but how screwed up is it that we expect leadership at companies we spend most of our waking time on to bullshit through their teeth at the people that make the damn thing work in the first place?

I'm so tired of the investor driven economy.