News got leaked that VICE will be entering into a new phase of their business, the “studio” model. With this new “studio” model, many layoffs will occur as they attempt to restructure for financial reasons. The VICE website will no longer publish any more content (effective soon). VICE released a statement earlier today after multiple outlets reported the news early. Bruce Dixon from VICE made a statement that “As we navigate the ever-evolving business landscape, we need to adapt and best align our strategies to be more competitive in the long-term“.
