Vox Media to lay off 7% of workforce | CNN Business

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Chief executive Jim Bankoff said the layoffs, which will result in about 130 people losing their roles, impacted multiple teams, including editorial

Bankoff said the layoffs, which will result in about 130 people losing their roles, impacted multiple teams, including editorial. Those who had their jobs eliminated were notified through email, followed by a later meeting with a human resources officer who would discuss severance packages with them. Bankoff told staffers the cuts were “due to the challenging economic environment impacting our business and industry.

Google’s parent company Alphabet on Friday joined Big Tech giants Meta, Amazon, and Microsoft in announcing layoffs. Alphabet said it had made the decision to eliminate 6% of its workforce, which translates to approximately 12,000 jobs. Across the news industry, layoffs have been rampant. CNN, NBC News, MSNBC, Gannett and others have cut their workforces. The Washington Post is also expected to announce a staff reduction soon.

 

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