#QuickTakes By

Vox Media Layoff Around 130 Employees 

Scribbled Arrow

TRENDING GLOBALLY

-: FOLLOW US :-  @theinsaneapp

Vox Media, the publisher of publications such as Vox.com, Eater, The Verge, and New York Magazine, laid off 7 percent of its employees on Friday.

-: FOLLOW US :-  @theinsaneapp

The affected groups comprise editorial, revenue operations, core services, and revenue, as per an email to employees from Chief Executive Officer Jim Bankoff obtained by Bloomberg News.

-: FOLLOW US :-  @theinsaneapp

Bankoff pointed out the difficulties of other companies in the tech and media sector and claimed that even a sharp decline in hiring and a reduction in expenditure hasn't stopped the need to reduce expenses.

#GIVEAWAY BY INSANE

Do you know that we give away around $250 USd in cash prizes every week?

Let’s grow together!