Mass layoffs were announced to Mic staffers at an all-hands-on-deck meeting Thursday morning.
Sources told Adweek on Wednesday that Mic was in talks to be sold and that the digital news organization might find new owners in Bustle Digital Group or its founder, Bryan Goldberg.
Details of any deal are not yet known, but the organization can offer up its custom CMS and archives. It’s also not yet clear what might otherwise happen to the nearly seven-year-old company or to its New York-based headquarters at One World Trade Center.
Many requests for comment to multiple Mic executives—including to CEO and co-founder Chris Altchek, co-founder and editor-at-large Jake Horowitz and publisher Cory Haik—have gone unanswered. Mic’s
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in