There's no hint of laying off all the staff here though. Now it sounds like they "were" excited to lay off people to maximize profits.
Maybe "unlock even greater focus for our team" means to unlock their focus to find other jobs but it's quite perverse. I agree with the OP, that "Words no longer appear to mean things"
What? Just because a statement says "we're excited to do X" doesn't mean they're not also planning to do A, B, C, Y and Z.
I'm not defending the layoff. It just seems weird to interpret the statement itself as somehow being misleading about a subject that it literally didn't mention.
We call this lawful evil logic for a reason. It's how you empower stuff like Jim Crow laws (or the current US administration in general. "Well he isn't going to actually invade a NATO ally, he's just saying he wants Greenland. I want a Ferrari!")
Those words weren't truth. Truth would have been to state the intent to fire employees in order to maximise profit. This was always going to be the outcome, and it was expected, why not just state it clearly?
Again, when truth becomes a grey area that is to be manipulated for maximising profits that benefit a minority of privileged individuals, we should be concerned and at the least, not normalise it with "its just business".
But that's not the society we live in.
Most people aren't entrepreneurs, and they may be an older folk who grew up expecting companies invested in employee retention and building careers.
Those "reasonable people" were lied to.
(To be clear, I think the latter is both descriptively true and normatively good)
Severely downsizing the company isnt a good vibe to a customer. I'd definitely be migrating off Vimeo if I did any serious business with them.
So, less than a percent of a percent of people.
I wish I was kidding. Their search result brings up
>Vimeo AI-Powered Video Platform
anyone who knew Vimeo pre-pandemic knows how eye-rolling this is.