The American media group Vice will lay off several hundred employees. Vice was one of the rising stars of a new generation of online media.
The company was valued in 2017 at $5.7 billion, but ended up filing for bankruptcy last May. In June, a group of creditors made up of investment firms Fortress Investment Group, Soros Fund Management and Monroe Capital bought the company for $350 million. The slowdown in the online advertising market, the deterioration of the economic situation have made the situation of these young media even more difficult.