Vox Media is firing 7 percent of its workforce.
JUST IN – Vox Media, the publisher of news websites such as Vox and The Verge, in addition to New York magazine, will lay off 7% of its workforce
— Insider Paper (@TheInsiderPaper) January 20, 2023
This is a company that mostly puts out a large amount of uninteresting content on a variety of websites. I don’t even understand how they are a financially viable entity with all of the overhead it must require to run their operations.
As the economy continues to plunge into the toilet, we are going to see more of these ridiculous media operations fire large numbers of people if not become financially insolvent.