Women’s humor site The Toast is shutting down. Co-editors and co-founders Nicole Cliffe and Mallory Ortberg announced that the site would close for good July 1.
In a note, Cliffe explained that the financial burden of running The Toast had become too much.
“The conversation started when revenues were down, and I had to carry payroll for a month or two out of my personal account, which I had not had to do since shortly after we started this whole project,” she wrote.
Ortberg added that the work load was also a factor.
“I
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