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Vice Will Cease Publishing on Vice.com and Lay Off ‘Several Hundred’ Staffers, CEO Says (variety.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Vice Will Cease Publishing on Vice.com and Lay Off ‘Several Hundred’ Staffers, CEO Says::Vice Media Group CEO Bruce Dixon said the company will stop publishing on Vice.com and lay off "several hundred" staffers in the next week.

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[–] kandoh@reddthat.com 14 points 9 months ago

I think if you oversee a company valued at 5 billion and render it unable to support even a website, you should have your assets seized and be forbidden from a management position ever again.

But these guys will get even richer and find a new host to feed off of in a month