Get Woke, Go Broke — Far-Left Vice Media to Stop Publishing on Vice.com, Announces Massive Layoffs, Confirms CEO
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Vice Media will stop publishing on its flagship website, Vice.com, and lay off several hundred employees as the digital media company grapples with financial challenges, CEO Bruce Dixon revealed in a company-wide memo on Thursday,
Dixon outlined the plans to transition Vice Media from a self-publishing entity to a “studio model” that will produce and sell content to other media outlets.
“Several hundred” employees will be affected by the layoffs. Dixon emphasized that Vice will intensify its presence on social media channels and pursue partnerships with established media companies for broader content distribution.
“We create and produce outstanding original content true to the Vice brand,” Dixon stated. “However, it is no longer cost-effective for us to distribute our digital content the way we have done previously.”
Refinery29,
