this post was submitted on 27 Feb 2024
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[–] lettruthout@lemmy.world 38 points 2 years ago

Vice Media began informing journalists today that they’ve been laid off as the struggling company pivots away from producing news in favour of a business model in which investors pay managers to produce no news.

“We know this is a tough time, people are worried about their own careers and the future of journalism in general and I want to promise everyone that I personally will be absolutely fine,” C.E.O. Bruce Dixon said in a form letter attached to the layoff notices.

[–] doublejay1999@lemmy.world 4 points 2 years ago