Earlier today The Hollywood Reporter broke the news that “around 250 jobs are expected to be cut” as Vice, the Brooklyn Headquartered media company that employs 2,500, “reduces redundancies internationally and reorients to focus on growth areas like film and television production and branded content. All departments at every level are expected to have layoffs, from IT to finance to television.” It is unclear how many jobs in Brooklyn would be affected.
Last week BuzzFeed and Huffington Post both announced layoffs within a day of each other as they cut costs across the business – all three companies employ a good number of Brooklynites, many of whom have been let go. This is what the New York Times had to say about the layoffs just a few days ago: Why the Latest Layoffs Are Devastating to Democracy.
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