Twitter has announced that video-sharing app Vine will soon close. In today’s abrupt announcement, they said that the mobile app will soon be discontinued “in the coming months.”

According to the statement, neither the app nor the Vines will be getting removed, at least not right away. “We value you, your Vines, and are going to do this the right way. You’ll be able to access and download your Vines. We’ll be keeping the website online because we think it’s important to still be able to watch all the incredible Vines that have been made.”

Vine’s founder Rus Yusupov tweeted shortly after the announcement:

Twitter acquired Vine in 2012 before the service launched. According to Business Insider, today’s news of the closure “comes the same day Twitter announced it would lay off more than 300 workers, or 9% of the company’s global workforce, within the company’s sales, partnerships, and marketing teams.”

They went on to thank their creators, team members and “of course, thank you to all of those who came to watch and laugh every day.”

Social Media Reacts to Vine’s Closure

What are your thoughts on Vine being discontinued? Sound off in the comments section below!