Vox Media is laying off 6% of its workers due to effects from COVID-19, CEO Jim Bankoff announced in a memo Thursday. The layoffs…
Vox Media is laying off 6% of its workers due to effects from COVID-19, CEO Jim Bankoff announced in a memo Thursday.
The layoffs will see around 70 employees let go, Variety reported. Most, though not all, of the employees being let go were furloughed back in May, according to Bankoff. At that time, the media company furloughed 9% of its staff for three months in an attempt to cut costs amid the crisis.
“It goes without saying by now that COVID-19 has had an impact that no one could have anticipated,” Bankoff wrote in the memo. “While our work and efforts have never been stronger or more relevant, Vox Media is not exempt from the pain caused by the wake of the pandemic.
