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‘Vice News Tonight’ To End As Company Undergoes News Layoffs And Restructuring

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Vice Media Group announced that it was streamlining its news division, including layoffs and the cancelation of its signature newscast, Vice News Tonight.

Bruce Dixon and Hozefa Lokhandwala, co-CEOs of Vice Media Group, said that the changes were in “response to the current market conditions and business realities facing VMG and the broader news and media industry.” “To be incredibly clear, Vice News is core to Vice Media Group and fundamental to our business.

We are NOT exiting the news business, but we are changing the shape of Vice News to position the whole Company for long-term opportunities and improve how we deliver important, ground-breaking journalism well into the future,” they wrote.

The staff reductions are the latest to hit the news business, with both traditional and digital outlets hit by a downturn in the ad market.

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