Posted on 02/01/2019 7:23:53 PM PST by Beave Meister
Vice Media CEO Nancy Dubuc announced to employees Friday morning that the news outlet will slash its headcount by 10 percent as part of a “strategic” restructuring.
A Vice Media spokesperson told The Hollywood Reporter that 250 of its 2500 staffers will be let go to refocus its growth efforts in production and branded content. Employees from departments, including finance and IT, are expected to be impacted by the decision.
“Having finalized the 2019 budget, our focus shifts to executing our goals and hitting our marks,” Dubuc (pictured) wrote in a company-wide memo. “We will make Vice the best manifestation of itself and cement its place long into the future.”
In an October interview, Dubuc spoke in great length about management’s forthcoming plans to restructure Vice Media and would not rule out additional layoffs as being part of the strategy. The media outfit fired 60 staffers, which amounted to 2 percent of its workforce, in July 2017 after a $450 million investment by TPG.
(Excerpt) Read more at breitbart.com ...
Nuke ‘em from orbit.
They’re being literally decimated.
Learn to code!
Major layoffs at Buzzfeed, Huffington Post, and now VICE. People are done with fake leftist opinion news...
...
I’ve read that Obama’s propaganda fund ended in December.
Cue up Fats Domino...
My reaction: HAHAHAHAHAAAAAAA. No sane business owner would hire these pathetic LIB saps and losers.
I was laid off from my job in the publishing industry in 2013. I promptly went to work at Ace Hardware for half the money...because that’s what you do. You adjust and move forward.
A correct usage of the word. I bow down to you...
I was led to believe that the majority of the country agreed with the DNC. At least, according to all the media.
What is with all these leftist media contractions?
I've seen a severe drop off in smug leftist comments, as well. I'm a big comment reader, and go to comments on every Leftist hit piece, just as an unofficial poll, to see how the readers actually feel about what's been written.
I can't cite numbers, but I sense a trend, here. You don't suppose we are winning, do you?
Good for you. Never give up!! PU.
They have such wonderful futures as Barristas to look forward to!
Is that not a career position for Gender Studies majors?
Thanks to the Trump Economy they should find work pretty fast.
The irony is ironic.
Yes!!
Best post yet!
Gee, that’s a shame.
Fake hits don’t pay the bills.
...don't forget Weekly Standard....
Apparently your statement to everything today.
Maybe just put it in your tagline...?
I never imagined Vice had 2500 paid staffers. That is crazy.
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