Vice Media ‘Eliminating Several Hundred Positions’, Will Stop Publishing on Website

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Vice Media on Thursday announced that it would stop publishing content on its website and lay off hundreds of its employees as a cost-cutting measure.

“We create and produce outstanding original content true to the Vice brand,” CEO Bruce Dixon said in a statement obtained by the Washington Post. “However, it is no longer cost-effective for us to distribute our digital content the way we have done previously.”

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