Vice Media will lay off 10 percent of its staff

TechCrunch Industry News - A podcast by TechCrunch

Categories:

Vice Media plans to cut 250 jobs — about 10 percent of its total workforce. The Hollywood Reporter broke the news. When contacted by TechCrunch, a Vice spokesperson confirmed the story but declined to comment further. This comes after a brutal couple of weeks in the media business, as companies began the year with major cuts. BuzzFeed is trimming its staff by 15 percent. Verizon Media Group (which owns TechCrunch) laid off 10 percent of its workforce. Learn more about your ad choices. Visit podcastchoices.com/adchoices