Vice Media Lay off 10% Workforce
Vice Media plans to cut 250 jobs about 10 percent of its total workforce.
When contacted by Pixr8 News, a Vice spokesperson confirmed the story but declined to comment further.
This comes after a brutal couple of weeks in the media business, as companies began the year with major cuts. BuzzFeed is trimming its staff by 15 percent. Verizon Media Group (which owns TechCrunch) laid off 10 percent of its workforce. And traditional media wasn’t immune, with Gannett eliminating as many as 400 jobs.
Alongside the broader industry issues, Vice has had a tumultuous year of its own. Reporting by The New York Times at the end of 2017 led to the departure of multiple executives. Nancy Dubuc, previously the chief executive at A+E Networks, rep...