Vice’s new owners prepare to slash what’s left of its work force


Executives at Vice Media are planning to lay off several hundreds of more than 900 employees over the next week, eliminating staff from its digital publishing division, according to a company memo sent to staff on Thursday from Bruce Dixon, the chief executive of Vice Media.

The cuts will be the latest in a series of severe cutbacks that the company has endured in recent years, winnowing the globe-spanning digital colossus to a husk of its former self. Over the past half-decade, Vice has had near annual layoffs and mounting losses, and has filed for bankruptcy, making it the poster child for the battered digital-media industry.

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