variety.com
16.07.2020 / 16:35
Vox Media Lays Off 6% of Staff After Sharp Revenue Drop-Off Amid Pandemic
Todd Spangler NY Digital EditorVox Media, the media company whose brands include New York Magazine, Vulture, The Verge and SB Nation, is cutting 6% of its workforce, laying off about 70 employees.According to a memo sent to company staff Thursday, CEO Jim Bankoff said the majority of the employees being laid off were furloughed in May (when Vox Media said it was furloughing 9% of its employees for a three-month period).Bankoff said Vox Media has already brought back (or will soon) nearly 30% of