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Vice to lay off hundreds of staffers, stop publishing content on its website

Posted on AllSides February 22nd, 2024
From The Left
Jae C. Hong/AP

Vice Media will stop publishing content on its website and lay off several hundred staffers as the beleaguered outlet makes “fundamental changes” to its “strategic vision” under its new private equity owner, Fortress Investment Group, chief executive Bruce Dixon announced Thursday in a memo to staff.

“This decision was not made lightly, and I understand the significant impact it will have on those affected,” Dixon told staffers in the memo, obtained by CNN, adding that employees impacted by the layoffs will be notified early next week.

Dixon said that Vice...

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https://www.cnn.com/2024/02/22/media/vice-lay-offs-stops-publishing-content-on-its-website/index.html

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