Vice, the once-buzzy digital giant that's currently struggling toward profitability, is now reportedly looking to raise $200 million in fresh funding.
VICE
- Vice Appoints Veteran Journalist Katie Drummond SVP Of Digital
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After Laying Off 250 Staffers, Vice Is Now Looking To Raise $200 Million (Report)
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Vice To Cut 10% Of Workforce, Becoming Latest Digital Giant Hit By Layoffs
Days after a round of layoffs at BuzzFeed rocked the digital media industry, Vice is following suit, cutting 10% of its staff amid a company-wide reorganization. The layoffs will affect 250 employees in all departments, and at every level.
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Vice To Reduce Staff By 15%, Slash Number Of Content Verticals In Half Over Next Year
Amid roughly flat revenues of $625 million in 2018, Vice will seek to reduce its overall headcount by 15% over the next year, and also slash the number of its digital brands in half.
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- Vice CEO Shane Smith To Be Replaced By Former A&E Chief Nancy Dubuc (Report)
- Vice Suspends President And Chief Digital Officer In Wake Of Sexual Harassment Claims
- Vice Founders Offer Apology, Changes As Culture Of Sexual Misconduct Comes To Light
- Vice To Launch Amanda Knox-Hosted Interview Series On Facebook Watch
- Vice Forms Advisory Committee With Gloria Steinem Following Sexual Harassment Claims
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