Vice Media is cutting 10% of its workforce, according to people familiar with the matter, adding to mounting concerns about the future of new media companies that once seemed to hold the keys to the online-publishing business. The move is part of a global restructuring that will affect 250 jobs. Vice Media will no longer be organizing its global business according to individual countries, instead collapsing its international divisions into regions and according to its five lines of business, the people said. These lines are...

Source: Wall Street Journal February 01, 2019 15:11 UTC