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Vice Media plans to cut hundreds of jobs as it ceases listing on Vice.com, according to a memo from CEO Bruce Dixon.
In May, the company filed for bankruptcy in the United States and was acquired by Fortress Investment Group.
Dixon said Vice intends to "work with established media companies to distribute our digital content." This year, 4,444 media companies, including Channel 4, the Los Angeles Times and Business Insider, also cut jobs.
Vice announced past job cuts through the closure of its flagship TV program before filing for Chapter 11 bankruptcy protection, which suspends a U.S. company's obligations to creditors.
Vice Media was founded in 1994 by Shane Smith, Gavin McInnes and Suresh Alvi as a fringe magazine called Voice of Montreal and operates in more than 30 countries.
The company was valued at $5.7bn (£4.5bn) in 2017 and was once a company disrupting the traditional media landscape with edgy youth content across print, events, music, online and television. were considered some of the pioneers. And other feature films wanted to shake things up.
The hope was that Vice would attract millions of young people through social media platforms such as Facebook and Instagram.
The company's work included ``My Journey to the Islamic State,'' in which Vice journalists filmed with terrorist organizations in Syria. Vice also accompanied basketball star Dennis Rodman and the Harlem Globetrotters team on a "sports diplomacy" trip to North Korea.
Recent content included a documentary about controversial influencer Andrew Tate and a film about Ukrainian President Volodymyr Zelenskiy by actor Sean Penn.
However, the company's sales have been sluggish for several years, and it is struggling to make a profit. Vice's plan to go public through a merger also failed.
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