Vice Media is the latest media company to be swept up in a recent wave of layoffs, as publishers struggle for profits in an advertising world dominated by large internet companies. The veteran television executive is reorienting Vice to focus on film and television production, as well as branded content. The job cuts aren’t isolated to digital media. Veteran media analyst Ken Doctor said the media world, digital and print alike, is impacted by the Google-Facebook duopoly. Now, it has taken the more drastic step of job cuts.

Source: Forbes February 01, 2019 20:35 UTC