Vice Media to lay off hundreds of workers and stop publishing on its site

Company confirmed 'several hundred' staffers would be laid off

Employees affected will be 'notified about next steps early next week', Vice media chief said. Picture: Mario Tama/Getty Images

Vice plans to lay off hundreds of employees next week and stop publishing on Vice.com, according to a memo sent to staffers by Bruce Dixon, the Vice media chief.

On Friday, Mr Dixon confirmed “several hundred” staffers would be laid off and that the brand “will no longer publish content on vice.com”. He said the company was transitioning to a “studio model”.