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April 22, 2020

Vice Media to Lay Off 300 Useless Clickbait Robots

You will be made to code.

The drastic measures at top digital media outlets serve as a stark reminder that few victims will be spared by the economic crisis prompted by the coronavirus pandemic.

Digital media, especially the ludicrously over-funded leftwing digital media, had already been losing jobs for a year.

As with actual human victims: Coronavirus usually kills victims that were already in a bad state.

The big picture: Vice Media has laid out a plan for potential layoffs of over 300 people in digital operations, according to The Wall Street Journal. It would be joining Group Nine Media, BuzzFeed, Vox Media, Bustle Digital Group, Cheddar, Maven Media, G/O Media, Protocol and others who have resorted to layoffs and furloughs.

...

Flashback: Digital media companies were riding a wave of optimism just a few months ago, with many expecting to finally become profitable in 2020. Now, those plans are pipe dreams.

"You do wonder if certain types of media will come back from this," said Nicholas Carlson, editor in chief of Business Insider, in an interview with Vanity Fair.

lol


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posted by Ace at 12:04 PM

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