Vice Media is cutting its staff by up to 15% amid missed revenue and a traffic slump – Silicon Alley

Vice Media CEO Nancy Dubuc, who took over for Shane Smith in March, is cutting staff at the digital publisher, The Wall Street Journal reports.
The Brooklyn-based company is reportedly shedding 10% to 15% of its workforce and is on track to miss its revenue goals for this year.
Vice Media had 27 million unique visitors in September, down from 49.1 million in March 2016, according to Comscore.
Nancy Dubuc, Vice Media's CEO who replaced Shane Smith in March, is making cuts at the digital publisher.
According to a report from The Wall Street Journal, Brooklyn-based Vice Media is lowering its headcount by 10% to 15% of its workforce and is on track to miss its revenue goals for this year.
To make the cuts, Dubuc ordered a companywide hiring freeze six weeks ago and plans to trim staff through both the freeze and attrition.
Vice Media had 27 million unique visitors in September, down from 49.1 million in March 2016, according to Comscore. Vice Media's total Comscore numbers each ...

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