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Digital-media company Vox Media is pink-slipping about 50 employees, as it winds down certain initiatives including in online video.
The cuts, which affect around 5% of its employee base, were announced in a memo from Vox Media CEO Jim Bankoff to staff Wednesday. In addition to the 50 staffers being let go, about a dozen others will be offered different roles at the company.
The groups hardest hit by the layoffs, according to Bankoff’s memo, are Racked, Curbed, SB Nation and the video services team, “although there are also some smaller changes elsewhere in the company.”
In announcing Vox Media’s cutbacks, Bankoff cited “industry changes over the past few months” that made it clear that the company needed to scale back its investment in some initiatives, primarily around native social video. Those initiatives, he said, “won’t be viable audience or revenue growth drivers for us relative to other investments we are making.”
Digital-media company Vox Media is pink-slipping about 50 employees, as it winds down certain initiatives including in online video.
I'll never forgive Leftist, they actually ruined Star Wars
Am I the only person on this forum that thinks that movies like starwars or movies about superheroes are for children?
Or is it a comedy?
Goran_K says
I'll never forgive Leftist, they actually ruined Star Wars
And yet you have no problem with what Trump has done to America.
Took me about 2 minutes to find.
You know there is tremendous use of editing software in the making of sci-fi movies.
David Gilmour is the real genius anyway.
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Vice Admiral Gender Studies totally ruined this movie. I honestly had to walk out. it's like they had to invent a strong feminist to put all the high-t males in their place.
Ridiculous. This is stepping over the line.