Vice Media Announces Major Restructuring, Hundreds of Jobs Cut

The digital media giant shifts focus to studio model and partnerships, ceasing publication on its flagship website.

Vice Media to lay off hundreds of employees and stop publishing content on Vice.com, transitioning to a studio model.
The company's restructuring includes exploring partnerships with established media companies for content distribution.
Refinery29, a Vice Media brand, is in advanced discussions for sale, signaling further changes in the company's portfolio.
The layoffs and strategic shift come after Vice filed for bankruptcy last year and was sold to Fortress Investment Group.
Vice's move reflects broader challenges in the digital media industry, with several outlets facing layoffs and closures.