Vice Media stops publishing on site and cuts jobs

Earlier this week, Vice Media announced that they will be stopping publishing on their website and are cutting jobs across the company in an effort to streamline operations and focus on their core business offerings.

According to a statement released by Vice Media CEO, Nancy Dubuc, the decision to stop publishing on their site was a difficult one, but necessary in order to ensure the long-term viability of the company.

This move comes after Vice Media faced financial challenges due to the impact of the COVID-19 pandemic on the media industry. Many media companies have been forced to reevaluate their business models and make tough decisions in order to survive during these challenging times.

Despite this setback, Vice Media remains committed to delivering quality content through their other platforms, including their TV network, Vice TV, and their digital channels on social media.

As Vice Media navigates through this transition period, they are also working to support their employees who have been affected by the job cuts. The company is providing resources and support to help them transition to new opportunities and career paths.

Overall, Vice Media’s decision to stop publishing on their site and cut jobs reflects the changing landscape of the media industry and the need for companies to adapt to survive in the digital age.