Vice Media CEO Bruce Dixon announced a major strategic shift.

Vice Media CEO Bruce Dixon announced a major shift in the company's strategy, resulting in hundreds of layoffs and the cessation of publishing content on the company's website. Vice Media is moving toward concentrating its content on social platforms as it works with partners to expand its reach. The company has been facing financial challenges in recent times, with layoffs becoming a common trend among media companies.

February 22, 2024
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