Vice Begins New Round of Layoffs After Latest Pivot to Video

The latest round took place Thursday, following massive layoffs last year

Vice co-founder Shane Smith and CEO Nancy Dubuc
Vice co-founder Shane Smith and CEO Nancy Dubuc in 2019 (Photo by Craig Barritt/Getty Images for VICE Media)

Vice Media saw another round of layoffs Thursday, just weeks after declaring a pivot to video content. According to one source with knowledge of the layoffs, fewer than 20 people were let go.

A memo to global staff from chief digital officer Cory Haik, reviewed by TheWrap, heralded the “growth period” of the last two years and focused on the day’s events as a “global editorial alignment.” She heralded, among other things, Vice’s YouTube account reaching 14 million subscribers and breaking its all-time monthly view record in May, the 20% increase in American traffic to i-D and traffic to Refinery29’s “Unbothered,” a digital community for Black women, rising by over 40% year over year.

Comments