SpinMedia Group slashed 19 employees and shuttered its print edition Tuesday, an individual with knowledge of the situation told TheWrap.
Among staffers let go was editor-in-chief Craig Marks, who returned to the publication in June following stints at Blender, BlogTalkRadio, Billboard and Popdust.
The layoffs are the latest blow to the struggling company. Vibe, which first began publication in 1993, was acquired by SpinMedia in April 2013 with initial reports that the magazine would be reduced to online-only, much like the group did with SPIN magazine after acquiring it in 2012.
The decision was then made to keep Vibe in print as a quarterly rather than a bimonthly publication.