Vice Media to lay off ‘several hundred’ staff
NEW YORK CITY: Vice Media plans to lay off several hundred employees and no longer publish material on its Vice.com website, the company’s chief executive officer (CEO) said in a memo to staff on Thursday. Vice, which filed for bankruptcy last year before being sold for $350 million to a consortium led by the Fortress […]
Tomas Kauer - News Moderator 
NEW YORK CITY: Vice Media plans to lay off several hundred employees and no longer publish material on its Vice.com website, the company’s chief executive officer (CEO) said in a memo to staff on Thursday.
Vice, which filed for bankruptcy last year before being sold for $350 million to a consortium led by the Fortress Investment Group, is also looking to sell its Refinery 29 publishing business, CEO Bruce Dixon said in his memo to staff.
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