Vice Media has laid off roughly 155 employees, according to a Friday memo from CEO Nancy Dubuc.
The memo, reviewed by TheWrap, said 55 of the cuts will be domestic and around 100 will be from overseas divisions.
“While I often have to talk about ‘the business,’ we all know that VICE Media Group is so much more than just a business. It’s our community. It’s our voice. It’s a reason to remain resolutely hopeful in this time,” Dubuc said in the memo.
She wrote that by eliminating open roles and reassigning existing staffers to the “growing news division” that will give global sites a separate “Vice World News Section,” the company was “able to preserve approximately 90% of the roles in the digital organization.