Vox Media Laying Off Around 50 Staffers

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In a memo to staff Wednesday morning, Vox Media CEO Jim Bankoff announced plans to lay off around 50 employees, with the RackedCurbedSB Nation, and Video Services teams "bearing the biggest impact."

Additionally, he said that around 12 other employees will be offered "role changes." The cuts amount to around 5 percent of Vox Media's staff.

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