Abstract Ecosystems and landscapes shaped by the intricate relationship between people and their natural environment embody the impact of many different past land‐use practices and historical events. However, in some regions, classical historical records of landscape change do not exist or are insufficiently detailed. Local communities' ecological memory can play an important role in filling this gap by reconstructing the socio‐ecologically relevant indirect drivers and their interactions, as well as identifying vegetation characteristics that are legacies of previous land‐use practices. We studied a rapidly transforming cultural landscape in Transylvania (Romania) by conducting 144 oral history interviews covering the last 70 years (before, during and after collective farming). The interviews revealed complex interactions of indirect drivers. Country‐scale political and economic changes affected the landscape with crop outflow during the collective system (1962–1989), resulting in labour outflow to cities from the 1960s. The latter reduced the time and attention devoted to haymaking and affected population ageing. Together with other drivers, this demographic change led to a major transformation of the traditional landscape by the 2010s. We identified 47 vegetation characteristics as land‐use legacies related to grasslands and classified them into general legacy types. Our results support that there was an opportunity to innovatively revive the traditional cultural landscape after the fall of communism, when local knowledge, and willingness to manage the landscape were still present, but financial assets and government support were lacking. The indirect driver interactions led to the abandonment of traditional hay meadow management, resulting in a homogenising landscape with simplified land use dominated by sheep grazing and increasingly dependent on agricultural subsidies. We found that many vegetation characteristics of the studied species‐rich grasslands are only legacies of former land‐use activities, still known by locals but no longer applied. By creating knowledge partnerships, we can still learn about the past management and the functioning of such biodiversity‐rich cultural landscapes from the people who actively maintained them. We argue that this type of knowledge is essential to revive and adapt practices for protecting and managing species‐rich habitats across European cultural landscapes and for supporting the planning of appropriate conservation management and subsidy schemes. Read the free Plain Language Summary for this article on the Journal blog.