The Brooklyn, New York-based news and documentary media giant, Vice Media LLC, is cutting 250 employees out of the company and closing down its flagship weekly HBO program, sources tell the Wall Street Journal. Vice is the latest major news media outlet in recent weeks to lay off hundreds of workers as part of massive downsizing to keep the companies afloat. A leaner organization is part of the company’s realignment of its entire global strategy. The 250 Vice employees comprise about 10% of the company’s workforce. HuffPo and BuzzFeed Layoffs “Difficult Changes” was the subject line of the email sent
Newsflash: The Trump Curse? Vice Media Cuts 10% of Staff after HuffingtonPost & BuzzFeed Layoffs by CCN
* First published on ccn.com
