Vice Media to Axe 10% of Staff, Laying Off About 250 Employees, Amid Revenue Slowdown

Vice Media CEO Nancy Dubuc has set plans to lay off 10% of the company’s employees — resulting in the elimination of 250 jobs across all departements — as it looks to slash costs amid a revenue slowdown. Brooklyn-based Vice last fall instituted a hiring freeze and was hoping to avoid layoffs by winnowing down […]

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