Vice Media to cut 10 percent of workforce

Vice Media to cut 10 percent of workforce

5 years ago
Anonymous $Dftgs0JzgE

https://apnews.com/7704acc6bae94932b2acdbf647becd12

NEW YORK (AP) — Vice Media is cutting 250 jobs globally as it seeks to shore up its profitability. It is the latest round of layoffs as the media industry contracts.

The cuts affect about 10 percent of Vice's 2,500 staff, said company spokeswoman Danielle Carrig. But she said Vice plans to add jobs as well in departments including sales and digital news as it focuses on its units with potential for growth.

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