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VICE is planning to shutter its award-winning original news division in conjunction with a huge round of layoffs. The news was relayed by their CEO, Bruce Dixon in a company-wide memo.

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BuzzFeed announced the sale of Complex to the Ntwrk e-commerce company on Wednesday. The media group also announced that they would be initiating a new round of employee layoffs in conjunction with the deal.

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Warner Music's CEO Robert Kyncl sent out an internal memo informing the staff that the company was going to layoff 600 of its employees, severing their ties with digital brands such as Uproxx and HipHopDX.

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SpinMedia, owner of VIBE magazine, is laying off a chunk of its staff and cutting a number of its smaller web properties due to a lack of profits.

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Rocawear Lays Off 28 Employees Day Prior To Blue Ivy’s Birth   While Jay-Z was busy basking in the “glory” of his newborn daughter, Blue Ivy Carter, former employees who one occupied his Rocawear offices in New York City had to find new jobs. The lifestyle clothing brand Hova co-founded laid off half of its staff […]