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International Business Times
International Business Times
Business
AFP News

BIZARRE: Digital media upstart vice laying off several hundred staff ceo - You Need To See This

Vice Media, once the darling of the digital news media world, said Monday it had filed for Chapter 11 bankruptcy protection to facilitate its sale (Credit: AFP)

Vice, the dynamic, fast-growing digital media company that gained a wide following with young readers, said Thursday it will no longer publish on its flagship website and is eliminating hundreds of jobs.

Millennial-focused and known for its edgy news and lifestyle content, Vice had been among the rising stars of a new breed of digital media firms but struggled as advertising revenues shrank.

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