CEO Bruce Dixon told staffers that the company will lay off hundreds of employees and stop publishing stories on its flagship site.
Vice is basically dead — Thousands of stories written over the past two decades could soon be deleted without any warning::CEO Bruce Dixon told staffers that Vice Media will lay off hundreds of employees and stop publishing stories on the site.
But Dixon wrote, rather cryptically, that remaining employees will put “more emphasis on our social channels as we accelerate our discussion with partners to take our content to where it will be viewed most broadly.”
In other words, the in depth reporting and niche shows aren't making enough money, so we're going to dump all that shit and jump on the reality TV bandwagon.