Vice Media plans to shrink its workforce by as much as 15 percent through attrition and cut its selection of digital sites by at least half, according to people familiar with the matter, as growth stalls at the onetime new-media darling. (WSJ)
Another part of CEO Nancy Dubuc’s plan to strengthen Vice’s finances is to trim the number of sites the company operates and fosters. That would, for instance, involve taking several music sites and putting them under the umbrella of the recognized Noisey banner to streamline content and traffic. (Deadline)
Advertisement